(IGE)

IGE trades at $45.66, 14.1% above the near-term max pain of $40 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$41), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IGE shows a downward trend from 41 to 35, indicating bearish sentiment or hedging activity. The 15% spread signals divergent expectations across timeframes. Most levels below 45.66 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.