Ionic Inflation Protectio... (CPII)
Ionic Inflation Protection ETF Max Pain By Strike
CPII trades at $19.26, 20.4% above the near-term max pain of $16 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$16), reflecting growing call interest at higher strikes. Key magnetic zone at 16 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Ionic Inflation Protection ETF Max Pain By Expiry
Max pain for CPII shows an upward trend from 8 to 16, suggesting bullish positioning in longer-dated options. The 56% spread signals divergent expectations across timeframes. Most levels below 19.26 may cap rallies. Strong magnetic level at 16 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 16 | -3.26 (-16.94%) |
| Oct 17, 2025 | 16 | -3.26 (-16.94%) |
| Nov 21, 2025 | 16 | -3.26 (-16.94%) |
| Jan 16, 2026 | 8 | -11.26 (-58.47%) |
| Feb 20, 2026 | 16 | -3.26 (-16.94%) |