iShares Bitcoin Trust ETF (IBIT)
iShares Bitcoin Trust ETF Max Pain By Strike
IBIT trades at $66.38, 10.6% above the near-term max pain of $60 expiring Sep 19, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($45-$67), indicating stable market expectations. Key magnetic zone at 64 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
iShares Bitcoin Trust ETF Max Pain By Expiry
Max pain for IBIT shows stable levels around 59.11, reflecting balanced market expectations. The 37% spread signals divergent expectations across timeframes. Most levels below 66.38 may cap rallies. Strong magnetic level at 64 (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 | 60 | -6.38 (-9.61%) |
| Sep 26, 2025 | 63.5 | -2.88 (-4.34%) |
| Sep 30, 2025 | 64 | -2.38 (-3.59%) |
| Oct 3, 2025 | 61 | -5.38 (-8.10%) |
| Oct 10, 2025 | 63.5 | -2.88 (-4.34%) |
| Oct 17, 2025 | 61 | -5.38 (-8.10%) |
| Oct 24, 2025 | 64 | -2.38 (-3.59%) |
| Oct 31, 2025 | 63 | -3.38 (-5.09%) |
| Nov 21, 2025 | 58 | -8.38 (-12.62%) |
| Nov 28, 2025 | 60 | -6.38 (-9.61%) |
| Dec 19, 2025 | 57 | -9.38 (-14.13%) |
| Dec 31, 2025 | 63 | -3.38 (-5.09%) |
| Jan 16, 2026 | 45 | -21.38 (-32.21%) |
| Feb 20, 2026 | 67 | 0.62 (0.93%) |
| Mar 20, 2026 | 60 | -6.38 (-9.61%) |
| Jun 18, 2026 | 54 | -12.38 (-18.65%) |
| Jan 15, 2027 | 49 | -17.38 (-26.18%) |
| Jun 17, 2027 | 65 | -1.38 (-2.08%) |
| Dec 17, 2027 | 45 | -21.38 (-32.21%) |