Independence Realty Trust... (IRT)

IRT trades at $16.54, 5.5% below the near-term max pain of $17.5 expiring Oct 17, 2025 (18 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$22.5), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IRT shows a downward trend from 22.5 to 2.5, indicating bearish sentiment or hedging activity. The 129% spread signals divergent expectations across timeframes. Most levels above 16.54 could support dips. Strong magnetic level at 18 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.