(IVOL)

IVOL trades at $19.56, 15.1% above the near-term max pain of $17 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$17), reflecting growing call interest at higher strikes. Key magnetic zone at 16 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IVOL shows an upward trend from 7 to 17, suggesting bullish positioning in longer-dated options. The 68% spread signals divergent expectations across timeframes. Most levels below 19.56 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.