Itaú Unibanco Holding S.A... (ITUB)
Itaú Unibanco S.A. Max Pain By Strike
ITUB trades at $6.97, pinned near the near-term max pain of $7 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($1-$7), signaling increased put positioning or downside protection. Key magnetic zone at 7 where 4 expirations converge.
Itaú Unibanco S.A. Max Pain By Expiry
Max pain for ITUB shows a downward trend from 7 to 1, indicating bearish sentiment or hedging activity. The 105% spread signals divergent expectations across timeframes. Levels distributed around 6.97. Strong magnetic level at 7 (4 expirations). 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 | 7 | 0.03 (0.36%) |
| Sep 19, 2025 | 7 | 0.03 (0.36%) |
| Oct 17, 2025 | 1 | -5.97 (-85.66%) |
| Dec 19, 2025 | 7 | 0.03 (0.36%) |
| Jan 16, 2026 | 5 | -1.97 (-28.32%) |
| Mar 20, 2026 | 6 | -0.97 (-13.98%) |
| Jan 15, 2027 | 7 | 0.03 (0.36%) |