(IPKW)
Max Pain By Strike
IPKW trades at $51.74, 47.8% above the near-term max pain of $35 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$70), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for IPKW shows a downward trend from 70 to 35, indicating bearish sentiment or hedging activity. The 75% spread signals divergent expectations across timeframes. Most levels below 51.74 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 | 35 | -16.74 (-32.35%) |
| Oct 17, 2025 | 47 | -4.74 (-9.16%) |
| Dec 19, 2025 | 38 | -13.74 (-26.56%) |
| Mar 20, 2026 | 44 | -7.74 (-14.96%) |
| Dec 18, 2026 | 70 | 18.26 (35.29%) |