(IDNA)
Max Pain By Strike
IDNA trades at $22.87, 63.4% above the near-term max pain of $14 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($14-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for IDNA shows a downward trend from 95 to 14, indicating bearish sentiment or hedging activity. The 250% spread signals divergent expectations across timeframes. Most levels below 22.87 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 |
|---|---|---|
| Sep 19, 2025 | 14 | -8.87 (-38.78%) |
| Oct 17, 2025 | 19 | -3.87 (-16.92%) |
| Dec 19, 2025 | 16 | -6.87 (-30.04%) |
| Jan 16, 2026 | 95 | 72.13 (315.39%) |
| Mar 20, 2026 | 18 | -4.87 (-21.29%) |