ICICI Bank Limited (IBN)
ICICI Bank Max Pain By Strike
IBN trades at $32.62, pinned near the near-term max pain of $32 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($25-$33), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 2 expirations converge.
ICICI Bank Max Pain By Expiry
Max pain for IBN shows a downward trend from 33 to 25, indicating bearish sentiment or hedging activity. The 26% spread signals divergent expectations across timeframes. Most levels below 32.62 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 |
|---|---|---|
| Aug 15, 2025 | 32 | -0.62 (-1.90%) |
| Sep 19, 2025 | 31 | -1.62 (-4.97%) |
| Oct 17, 2025 | 25 | -7.62 (-23.36%) |
| Dec 19, 2025 | 31 | -1.62 (-4.97%) |
| Jan 16, 2026 | 30 | -2.62 (-8.03%) |
| Mar 20, 2026 | 33 | 0.38 (1.16%) |
| Jun 18, 2026 | 32 | -0.62 (-1.90%) |
| Jan 15, 2027 | 30 | -2.62 (-8.03%) |