First Merchants Corporation (FRME) 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.

First Merchants Corporation (FRME) operates in the Financial Services sector, specifically the Banks - Regional industry, with a market capitalization near $2.49B, listed on NASDAQ, employing roughly 2,120 people, carrying a beta of 0.87 to the broader market. First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. Led by Mark K. Hardwick, public since 1989-06-20.

Snapshot as of May 15, 2026.

Spot Price
$39.06
Total OI
343

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