(ITA)
Max Pain By Strike
ITA trades at $198.16, pinned near the near-term max pain of $195 expiring Sep 19, 2025 (14 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($150-$197), 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 ITA shows a downward trend from 197 to 150, indicating bearish sentiment or hedging activity. The 26% spread signals divergent expectations across timeframes. Most levels below 198.16 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 | 195 | -3.16 (-1.59%) |
| Oct 17, 2025 | 160 | -38.16 (-19.26%) |
| Dec 19, 2025 | 150 | -48.16 (-24.30%) |
| Jan 16, 2026 | 186 | -12.16 (-6.14%) |
| Apr 17, 2026 | 197 | -1.16 (-0.59%) |