(IWV)
Max Pain By Strike
IWV trades at $370.36, pinned near the near-term max pain of $365 expiring Sep 19, 2025 (10 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($8-$365), reflecting growing call interest at higher strikes. Key magnetic zone at 280 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for IWV shows an upward trend from 8 to 365, suggesting bullish positioning in longer-dated options. The 140% spread signals divergent expectations across timeframes. Most levels below 370.36 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 | 365 | -5.36 (-1.45%) |
| Oct 17, 2025 | 345 | -25.36 (-6.85%) |
| Nov 21, 2025 | 280 | -90.36 (-24.40%) |
| Jan 16, 2026 | 8 | -362.36 (-97.84%) |
| Feb 20, 2026 | 280 | -90.36 (-24.40%) |