MicroSectors FANG+ ETN (FNGS) Max Pain Analysis

Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.

MicroSectors FANG+ ETN (FNGS) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $527.8M, listed on AMEX, carrying a beta of 1.18 to the broader market. The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. public since 2019-11-13.

Snapshot as of May 15, 2026.

Spot Price
$74.34
Total OI
1.6K

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