Independent Bank Corp. (INDB)
Independent Bank Max Pain By Strike
INDB trades at $66.09, pinned near the near-term max pain of $65 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35-$65), signaling increased put positioning or downside protection. Key magnetic zone at 65 where 3 expirations converge.
Independent Bank Max Pain By Expiry
Max pain for INDB shows a downward trend from 65 to 35, indicating bearish sentiment or hedging activity. The 57% spread signals divergent expectations across timeframes. Most levels below 66.09 may cap rallies. Strong magnetic level at 65 (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 | 65 | -1.09 (-1.66%) |
| Sep 19, 2025 | 35 | -31.09 (-47.05%) |
| Oct 17, 2025 | 35 | -31.09 (-47.05%) |
| Nov 21, 2025 | 65 | -1.09 (-1.66%) |
| Feb 20, 2026 | 65 | -1.09 (-1.66%) |