(ICLN)
Max Pain By Strike
ICLN trades at $14.69, 8.8% above the near-term max pain of $13.5 expiring Sep 12, 2025 (1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($6-$14), reflecting growing call interest at higher strikes. Key magnetic zone at 14 where 7 expirations converge.
Max Pain By Expiry
Max pain for ICLN shows an upward trend from 6 to 14, suggesting bullish positioning in longer-dated options. The 63% spread signals divergent expectations across timeframes. Most levels below 14.69 may cap rallies. Strong magnetic level at 14 (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 12, 2025 | 13.5 | -1.19 (-8.10%) |
| Sep 19, 2025 | 14 | -0.69 (-4.70%) |
| Sep 26, 2025 | 14 | -0.69 (-4.70%) |
| Oct 3, 2025 | 13.5 | -1.19 (-8.10%) |
| Oct 10, 2025 | 14 | -0.69 (-4.70%) |
| Oct 17, 2025 | 12 | -2.69 (-18.31%) |
| Oct 24, 2025 | 6 | -8.69 (-59.16%) |
| Jan 16, 2026 | 14 | -0.69 (-4.70%) |
| Apr 17, 2026 | 14 | -0.69 (-4.70%) |
| Jan 15, 2027 | 13 | -1.69 (-11.50%) |