(IWMI)
Max Pain By Strike
IWMI trades at $48.3, 2.8% above the near-term max pain of $47 expiring Sep 19, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35-$48), signaling increased put positioning or downside protection. Key magnetic zone at 47 where 2 expirations converge.
Max Pain By Expiry
Max pain for IWMI shows a downward trend from 48 to 35, indicating bearish sentiment or hedging activity. The 29% spread signals divergent expectations across timeframes. Most levels below 48.3 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 | 47 | -1.30 (-2.69%) |
| Oct 17, 2025 | 35 | -13.30 (-27.54%) |
| Nov 21, 2025 | 48 | -0.30 (-0.62%) |
| Feb 20, 2026 | 47 | -1.30 (-2.69%) |