CBOE: IZRL · Real-Time Price · USD
27.11
-0.08 (-0.29%)
At close: Aug 18, 2025, 1:27 PM

Max Pain By Strike

IZRL trades at $27.11, pinned near the near-term max pain of $27 expiring Sep 19, 2025 (32 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for IZRL shows a downward trend from 95 to 20, indicating bearish sentiment or hedging activity. The 203% spread signals divergent expectations across timeframes. Most levels below 27.11 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 27 -0.11 (-0.41%)
Oct 17, 2025 21 -6.11 (-22.54%)
Nov 21, 2025 20 -7.11 (-26.23%)
Feb 20, 2026 22 -5.11 (-18.85%)
Dec 18, 2026 95 67.89 (250.42%)