iShares iBoxx High Yield ... (HYG)
iShares iBoxx High Yield Corporate Bond ETF Max Pain By Strike
HYG trades at $80.84, pinned near the near-term max pain of $81 expiring Sep 12, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($70-$82), indicating stable market expectations. Key magnetic zone at 81 where 7 expirations converge.
iShares iBoxx High Yield Corporate Bond ETF Max Pain By Expiry
Max pain for HYG shows stable levels around 79.58, reflecting balanced market expectations. The 15% spread signals divergent expectations across timeframes. Most levels below 80.84 may cap rallies. Strong magnetic level at 81 (7 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 12, 2025 | 81 | 0.16 (0.20%) |
| Sep 19, 2025 | 80.5 | -0.34 (-0.42%) |
| Sep 26, 2025 | 80 | -0.84 (-1.04%) |
| Oct 3, 2025 | 80.5 | -0.34 (-0.42%) |
| Oct 10, 2025 | 80.5 | -0.34 (-0.42%) |
| Oct 17, 2025 | 80 | -0.84 (-1.04%) |
| Oct 24, 2025 | 81 | 0.16 (0.20%) |
| Nov 21, 2025 | 81 | 0.16 (0.20%) |
| Dec 19, 2025 | 80 | -0.84 (-1.04%) |
| Jan 16, 2026 | 79 | -1.84 (-2.28%) |
| Feb 20, 2026 | 70 | -10.84 (-13.41%) |
| Mar 20, 2026 | 80 | -0.84 (-1.04%) |
| Apr 17, 2026 | 78 | -2.84 (-3.51%) |
| May 15, 2026 | 79 | -1.84 (-2.28%) |
| Jun 18, 2026 | 81 | 0.16 (0.20%) |
| Jul 17, 2026 | 79 | -1.84 (-2.28%) |
| Aug 21, 2026 | 82 | 1.16 (1.43%) |
| Jan 15, 2027 | 80 | -0.84 (-1.04%) |