(IAGG)

IAGG trades at $50.98, 10.8% above the near-term max pain of $46 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($45-$95), signaling increased put positioning or downside protection. Key magnetic zone at 46 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IAGG shows a downward trend from 95 to 45, indicating bearish sentiment or hedging activity. The 93% spread signals divergent expectations across timeframes. Most levels below 50.98 may cap rallies. Strong magnetic level at 46 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.