i3 Verticals Inc. (IIIV)

IIIV trades at $33.04, 32.2% above the near-term max pain of $25 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($17.5-$35), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IIIV shows a downward trend from 35 to 17.5, indicating bearish sentiment or hedging activity. The 68% spread signals divergent expectations across timeframes. Most levels below 33.04 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.