International Paper (IP)
International Paper Max Pain By Strike
IP trades at $46.66, pinned near the near-term max pain of $47.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($30-$52.5), indicating stable market expectations. Key magnetic zone at 46 where 3 expirations converge.
International Paper Max Pain By Expiry
Max pain for IP shows stable levels around 45.82, reflecting balanced market expectations. The 49% spread signals divergent expectations across timeframes. Levels distributed around 46.66. Strong magnetic level at 46 (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 | 47.5 | 0.84 (1.80%) |
| Aug 22, 2025 | 46.5 | -0.16 (-0.34%) |
| Aug 29, 2025 | 47 | 0.34 (0.73%) |
| Sep 5, 2025 | 46 | -0.66 (-1.41%) |
| Sep 12, 2025 | 46 | -0.66 (-1.41%) |
| Sep 19, 2025 | 50 | 3.34 (7.16%) |
| Sep 26, 2025 | 46 | -0.66 (-1.41%) |
| Oct 17, 2025 | 50 | 3.34 (7.16%) |
| Jan 16, 2026 | 52.5 | 5.84 (12.52%) |
| Mar 20, 2026 | 45 | -1.66 (-3.56%) |
| Apr 17, 2026 | 30 | -16.66 (-35.71%) |
| Jun 18, 2026 | 50 | 3.34 (7.16%) |
| Sep 18, 2026 | 52.5 | 5.84 (12.52%) |
| Jan 15, 2027 | 32.5 | -14.16 (-30.35%) |