(IAI)
Max Pain By Strike
IAI trades at $174.12, 6.2% above the near-term max pain of $164 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($155-$167), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for IAI shows a downward trend from 167 to 155, indicating bearish sentiment or hedging activity. The 7% spread suggests strong consensus on fair value. Most levels below 174.12 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 | 164 | -10.12 (-5.81%) |
| Oct 17, 2025 | 155 | -19.12 (-10.98%) |
| Jan 16, 2026 | 156 | -18.12 (-10.40%) |
| Apr 17, 2026 | 167 | -7.12 (-4.09%) |