iShares Core SP Total US ... (ITOT)

ITOT trades at $146.47, 12.7% above the near-term max pain of $130 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($95-$142), signaling increased put positioning or downside protection. Key magnetic zone at 130 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ITOT shows a downward trend from 142 to 95, indicating bearish sentiment or hedging activity. The 37% spread signals divergent expectations across timeframes. Most levels below 146.47 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.