Franklin New Jersey Municipal Income ETF (FTNJ) 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.
Franklin New Jersey Municipal Income ETF (FTNJ) operates in the Financial Services sector, specifically the Asset Management - Bonds industry, with a market capitalization near $173.1M, listed on AMEX, carrying a beta of 0.96 to the broader market. The primary goal of this ETF is to generate the highest possible current income, free from both federal and New Jersey personal income taxes, while diligently protecting the invested capital. Led by Mehdi Mahmud, public since 2025-11-10.
Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for FTNJ as of 2026-07-17; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.