(IEF)
Max Pain By Strike
IEF trades at $96.98, pinned near the near-term max pain of $95.5 expiring Sep 12, 2025 (-1 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($91-$97.5), indicating stable market expectations. Key magnetic zone at 96 where 8 expirations converge.
Max Pain By Expiry
Max pain for IEF shows stable levels around 95.15, reflecting balanced market expectations. The 7% spread suggests strong consensus on fair value. Most levels below 96.98 may cap rallies. Strong magnetic level at 96 (8 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 | 95.5 | -1.48 (-1.53%) |
| Sep 19, 2025 | 96 | -0.98 (-1.01%) |
| Sep 26, 2025 | 95.5 | -1.48 (-1.53%) |
| Oct 3, 2025 | 96 | -0.98 (-1.01%) |
| Oct 10, 2025 | 95.5 | -1.48 (-1.53%) |
| Oct 17, 2025 | 96 | -0.98 (-1.01%) |
| Oct 24, 2025 | 97.5 | 0.52 (0.54%) |
| Nov 21, 2025 | 96 | -0.98 (-1.01%) |
| Dec 19, 2025 | 94 | -2.98 (-3.07%) |
| Jan 16, 2026 | 94 | -2.98 (-3.07%) |
| Mar 20, 2026 | 94 | -2.98 (-3.07%) |
| Jun 18, 2026 | 91 | -5.98 (-6.17%) |
| Jan 15, 2027 | 96 | -0.98 (-1.01%) |