iShares Russell 2000 ETF (IWM)
iShares Russell 2000 ETF Max Pain By Strike
IWM trades at $225.45, pinned near the near-term max pain of $227 expiring Aug 21, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($200-$235), indicating stable market expectations. Key magnetic zone at 220 where 6 expirations converge.
iShares Russell 2000 ETF Max Pain By Expiry
Max pain for IWM shows stable levels around 221.21, reflecting balanced market expectations. The 16% spread signals divergent expectations across timeframes. Levels distributed around 225.45. Strong magnetic level at 220 (6 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 |
|---|---|---|
| Aug 21, 2025 | 227 | 1.55 (0.69%) |
| Aug 22, 2025 | 226 | 0.55 (0.24%) |
| Aug 25, 2025 | 227 | 1.55 (0.69%) |
| Aug 26, 2025 | 225 | -0.45 (-0.20%) |
| Aug 27, 2025 | 226 | 0.55 (0.24%) |
| Aug 28, 2025 | 223 | -2.45 (-1.09%) |
| Aug 29, 2025 | 225 | -0.45 (-0.20%) |
| Sep 2, 2025 | 227 | 1.55 (0.69%) |
| Sep 3, 2025 | 227 | 1.55 (0.69%) |
| Sep 5, 2025 | 224 | -1.45 (-0.64%) |
| Sep 12, 2025 | 217 | -8.45 (-3.75%) |
| Sep 19, 2025 | 220 | -5.45 (-2.42%) |
| Sep 26, 2025 | 225 | -0.45 (-0.20%) |
| Sep 30, 2025 | 220 | -5.45 (-2.42%) |
| Oct 17, 2025 | 220 | -5.45 (-2.42%) |
| Nov 21, 2025 | 220 | -5.45 (-2.42%) |
| Dec 19, 2025 | 215 | -10.45 (-4.64%) |
| Dec 31, 2025 | 212 | -13.45 (-5.97%) |
| Jan 16, 2026 | 215 | -10.45 (-4.64%) |
| Feb 20, 2026 | 230 | 4.55 (2.02%) |
| Mar 20, 2026 | 215 | -10.45 (-4.64%) |
| Mar 31, 2026 | 205 | -20.45 (-9.07%) |
| Jun 18, 2026 | 215 | -10.45 (-4.64%) |
| Jun 30, 2026 | 224 | -1.45 (-0.64%) |
| Sep 18, 2026 | 220 | -5.45 (-2.42%) |
| Dec 18, 2026 | 220 | -5.45 (-2.42%) |
| Jan 15, 2027 | 230 | 4.55 (2.02%) |
| Jun 17, 2027 | 235 | 9.55 (4.24%) |
| Dec 17, 2027 | 200 | -25.45 (-11.29%) |