(IHDG)

IHDG trades at $45.38, 10.7% above the near-term max pain of $41 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 41 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IHDG shows a downward trend from 97.5 to 35, indicating bearish sentiment or hedging activity. The 122% spread signals divergent expectations across timeframes. Most levels below 45.38 may cap rallies. Strong magnetic level at 41 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.