CBOE: ITA · Real-Time Price · USD
195.57
-0.42 (-0.21%)
At close: Aug 15, 2025, 1:20 PM

Max Pain By Strike

ITA trades at $195.57, 6.3% above the near-term max pain of $184 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($150-$197), reflecting growing call interest at higher strikes. Key magnetic zone at 184 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for ITA shows an upward trend from 150 to 197, suggesting bullish positioning in longer-dated options. The 27% spread signals divergent expectations across timeframes. Most levels below 195.57 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
Aug 15, 2025 184 -11.57 (-5.92%)
Sep 19, 2025 197 1.43 (0.73%)
Oct 17, 2025 151 -44.57 (-22.79%)
Dec 19, 2025 150 -45.57 (-23.30%)
Jan 16, 2026 186 -9.57 (-4.89%)
Apr 17, 2026 184 -11.57 (-5.92%)