International Business Ma... (IBM)
International Business Machines Max Pain By Strike
IBM trades at $239.22, 2.4% below the near-term max pain of $245 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($135-$260), indicating stable market expectations. Key magnetic zone at 250 where 5 expirations converge.
International Business Machines Max Pain By Expiry
Max pain for IBM shows stable levels around 238.09, reflecting balanced market expectations. The 53% spread signals divergent expectations across timeframes. Most levels above 239.22 could support dips. Strong magnetic level at 250 (5 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 15, 2025 | 245 | 5.78 (2.41%) |
| Aug 22, 2025 | 245 | 5.78 (2.41%) |
| Aug 29, 2025 | 247.5 | 8.28 (3.46%) |
| Sep 5, 2025 | 240 | 0.78 (0.32%) |
| Sep 12, 2025 | 240 | 0.78 (0.32%) |
| Sep 19, 2025 | 250 | 10.78 (4.50%) |
| Sep 26, 2025 | 235 | -4.22 (-1.77%) |
| Oct 17, 2025 | 250 | 10.78 (4.50%) |
| Nov 21, 2025 | 260 | 20.78 (8.68%) |
| Dec 19, 2025 | 240 | 0.78 (0.32%) |
| Jan 16, 2026 | 230 | -9.22 (-3.86%) |
| Mar 20, 2026 | 250 | 10.78 (4.50%) |
| Apr 17, 2026 | 135 | -104.22 (-43.57%) |
| May 15, 2026 | 250 | 10.78 (4.50%) |
| Jun 18, 2026 | 260 | 20.78 (8.68%) |
| Sep 18, 2026 | 250 | 10.78 (4.50%) |
| Jan 15, 2027 | 220 | -19.22 (-8.04%) |