iShares Russell 3000 ETF (IWV)

IWV trades at $382.23, 4.7% above the near-term max pain of $365 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($8-$365), signaling increased put positioning or downside protection. Key magnetic zone at 280 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IWV shows a downward trend from 365 to 8, indicating bearish sentiment or hedging activity. The 139% spread signals divergent expectations across timeframes. Most levels below 382.23 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.