ICICI Bank Limited (IBN)

IBN trades at $30.63, 2.1% above the near-term max pain of $30 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$32), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 4 expirations converge.

Max pain for IBN shows a downward trend from 32 to 20, indicating bearish sentiment or hedging activity. The 41% spread signals divergent expectations across timeframes. Levels distributed around 30.63. Strong magnetic level at 30 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.