Franklin Pennsylvania Municipal Income ETF (FTPA) 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 Pennsylvania Municipal Income ETF (FTPA) operates in the Financial Services sector, specifically the Asset Management - Bonds industry, with a market capitalization near $298.3M, listed on AMEX, carrying a beta of 0.15 to the broader market. This ETF strives to generate significant current income that is exempt from both federal and Pennsylvania state personal income taxes, all while maintaining a focus on safeguarding the principal investment. Led by Ryan M. Gilbert, public since 2025-11-10.

Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for FTPA 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.

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