iShares Russell Mid-Cap E... (IWR)
iShares Russell Mid-Cap ETF Max Pain By Strike
IWR trades at $96.13, 2.3% above the near-term max pain of $94 expiring Sep 19, 2025 (27 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($8-$94), reflecting growing call interest at higher strikes. Key magnetic zone at 94 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
iShares Russell Mid-Cap ETF Max Pain By Expiry
Max pain for IWR shows an upward trend from 8 to 94, suggesting bullish positioning in longer-dated options. The 116% spread signals divergent expectations across timeframes. Most levels below 96.13 may cap rallies. 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 | 94 | -2.13 (-2.22%) |
| Oct 17, 2025 | 94 | -2.13 (-2.22%) |
| Nov 21, 2025 | 90 | -6.13 (-6.38%) |
| Jan 16, 2026 | 8 | -88.13 (-91.68%) |
| Feb 20, 2026 | 84 | -12.13 (-12.62%) |