(IGSB)
Max Pain By Strike
IGSB trades at $52.8, 7.8% above the near-term max pain of $49 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($49-$52), signaling increased put positioning or downside protection. Key magnetic zone at 52 where 3 expirations converge.
Max Pain By Expiry
Max pain for IGSB shows a downward trend from 52 to 49, indicating bearish sentiment or hedging activity. The 6% spread suggests strong consensus on fair value. Most levels below 52.8 may cap rallies. Strong magnetic level at 52 (3 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 |
|---|---|---|
| Aug 15, 2025 | 49 | -3.80 (-7.19%) |
| Sep 19, 2025 | 52 | -0.80 (-1.51%) |
| Oct 17, 2025 | 51 | -1.80 (-3.40%) |
| Dec 19, 2025 | 52 | -0.80 (-1.51%) |
| Mar 20, 2026 | 52 | -0.80 (-1.51%) |