(ITB)
Max Pain By Strike
ITB trades at $109.56, 4.3% above the near-term max pain of $105 expiring Aug 22, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($92.5-$115), indicating stable market expectations. Key magnetic zone at 105 where 2 expirations converge.
Max Pain By Expiry
Max pain for ITB shows stable levels around 103.59, reflecting balanced market expectations. The 22% spread signals divergent expectations across timeframes. Most levels below 109.56 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 22, 2025 | 105 | -4.56 (-4.16%) |
| Aug 29, 2025 | 101 | -8.56 (-7.81%) |
| Sep 5, 2025 | 109 | -0.56 (-0.51%) |
| Sep 12, 2025 | 109 | -0.56 (-0.51%) |
| Sep 19, 2025 | 105 | -4.56 (-4.16%) |
| Sep 26, 2025 | 106 | -3.56 (-3.24%) |
| Oct 17, 2025 | 98.01 | -11.55 (-10.54%) |
| Jan 16, 2026 | 99.01 | -10.55 (-9.63%) |
| Apr 17, 2026 | 115 | 5.44 (4.97%) |
| Jun 18, 2026 | 92.5 | -17.06 (-15.57%) |
| Jan 15, 2027 | 100.01 | -9.55 (-8.71%) |