(IDHQ)

IDHQ trades at $32.97, 22.1% above the near-term max pain of $27 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($26-$28), signaling increased put positioning or downside protection. Key magnetic zone at 27 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IDHQ shows a downward trend from 28 to 26, indicating bearish sentiment or hedging activity. The 7% spread suggests strong consensus on fair value. Most levels below 32.97 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.