(IWO)

IWO trades at $299.27, 10.8% above the near-term max pain of $270 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$270), reflecting growing call interest at higher strikes. Key magnetic zone at 270 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IWO shows an upward trend from 7 to 270, suggesting bullish positioning in longer-dated options. The 126% spread signals divergent expectations across timeframes. Most levels below 299.27 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.