(IJR)
Max Pain By Strike
IJR trades at $118.78, 8.0% above the near-term max pain of $110 expiring Sep 19, 2025 (14 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($75-$114), reflecting growing call interest at higher strikes. Key magnetic zone at 114 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for IJR shows an upward trend from 75 to 114, suggesting bullish positioning in longer-dated options. The 38% spread signals divergent expectations across timeframes. Most levels below 118.78 may cap rallies. 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 19, 2025 | 110 | -8.78 (-7.39%) |
| Oct 17, 2025 | 114 | -4.78 (-4.02%) |
| Nov 21, 2025 | 105 | -13.78 (-11.60%) |
| Jan 16, 2026 | 100 | -18.78 (-15.81%) |
| Feb 20, 2026 | 114 | -4.78 (-4.02%) |
| Jan 15, 2027 | 75 | -43.78 (-36.86%) |