ING Groep N.V. (ING)

ING trades at $25.96, 12.9% above the near-term max pain of $23 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$27), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ING shows a downward trend from 27 to 20, indicating bearish sentiment or hedging activity. The 30% spread signals divergent expectations across timeframes. Most levels below 25.96 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.