International Business Ma... (IBM)
International Business Machines Max Pain By Strike
IBM trades at $259.07, 3.6% above the near-term max pain of $250 expiring Sep 19, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($185-$260), indicating stable market expectations. Key magnetic zone at 250 where 7 expirations converge.
International Business Machines Max Pain By Expiry
Max pain for IBM shows stable levels around 241.11, reflecting balanced market expectations. The 31% spread signals divergent expectations across timeframes. Most levels below 259.07 may cap rallies. Strong magnetic level at 250 (7 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 |
|---|---|---|
| Sep 19, 2025 | 250 | -9.07 (-3.50%) |
| Sep 26, 2025 | 245 | -14.07 (-5.43%) |
| Oct 3, 2025 | 250 | -9.07 (-3.50%) |
| Oct 10, 2025 | 250 | -9.07 (-3.50%) |
| Oct 17, 2025 | 250 | -9.07 (-3.50%) |
| Oct 24, 2025 | 255 | -4.07 (-1.57%) |
| Oct 31, 2025 | 255 | -4.07 (-1.57%) |
| Nov 21, 2025 | 255 | -4.07 (-1.57%) |
| Dec 19, 2025 | 245 | -14.07 (-5.43%) |
| Jan 16, 2026 | 230 | -29.07 (-11.22%) |
| Mar 20, 2026 | 250 | -9.07 (-3.50%) |
| Apr 17, 2026 | 250 | -9.07 (-3.50%) |
| May 15, 2026 | 250 | -9.07 (-3.50%) |
| Jun 18, 2026 | 260 | 0.93 (0.36%) |
| Sep 18, 2026 | 240 | -19.07 (-7.36%) |
| Jan 15, 2027 | 220 | -39.07 (-15.08%) |
| Dec 17, 2027 | 200 | -59.07 (-22.80%) |
| Jan 21, 2028 | 185 | -74.07 (-28.59%) |