(IWV)
Max Pain By Strike
IWV trades at $365.47, pinned near the near-term max pain of $360 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($8-$360), 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 360, suggesting bullish positioning in longer-dated options. The 142% spread signals divergent expectations across timeframes. Most levels below 365.47 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 | 360 | -5.47 (-1.50%) |
| Oct 17, 2025 | 315 | -50.47 (-13.81%) |
| Nov 21, 2025 | 280 | -85.47 (-23.39%) |
| Jan 16, 2026 | 8 | -357.47 (-97.81%) |
| Feb 20, 2026 | 280 | -85.47 (-23.39%) |