FEP Max Pain
The max pain for First Trust Europe AlphaDEX Fund (FEP) options expiring Jun 17, 2027 (217 DTE) is $47.00.
FEP Max Pain by Expiry
The Max Pain for all expiration dates of FEP.
| Expiration | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Nov 20, 2026 8 DTE monthly | 50.00 | -7.13 (-12.48%) |
| Dec 18, 2026 36 DTE monthly | 49.00 | -8.13 (-14.23%) |
| Mar 19, 2027 127 DTE monthly | 49.00 | -8.13 (-14.23%) |
| Jun 17, 2027 217 DTE weekly | 47.00 | -10.13 (-17.73%) |
FEP Max Pain FAQ
What is max pain?
Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.
What is FEP max pain this week?
As of the Nov 11, 2026 close, max pain for FEP options expiring Jun 17, 2027 is $47.00. The chart above shows the exact max pain for each expiration date.
Does FEP trade above or below its max pain?
FEP closed above its near-term max pain on 20 of the last 20 trading days. On Nov 11, 2026 it closed at $57.29, 14.5% above max pain of $50.03.
How has FEP max pain changed recently?
Over the last 20 trading days, near-term max pain for FEP ranged from $50.03 to $50.83. It went from $50.83 on Oct 15, 2026 to $50.03 on Nov 11, 2026. See the FEP max pain history for a longer view.