iShares iBoxx High Yield ... (HYG)
iShares iBoxx High Yield Corporate Bond ETF Max Pain By Strike
HYG trades at $80.88, pinned near the near-term max pain of $80.5 expiring Sep 5, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($75-$81), indicating stable market expectations. Key magnetic zone at 80 where 7 expirations converge.
iShares iBoxx High Yield Corporate Bond ETF Max Pain By Expiry
Max pain for HYG shows stable levels around 79.24, reflecting balanced market expectations. The 8% spread suggests strong consensus on fair value. Most levels below 80.88 may cap rallies. Strong magnetic level at 80 (7 expirations). 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 5, 2025 | 80.5 | -0.38 (-0.46%) |
| Sep 12, 2025 | 80 | -0.88 (-1.08%) |
| Sep 19, 2025 | 80 | -0.88 (-1.08%) |
| Sep 26, 2025 | 80 | -0.88 (-1.08%) |
| Oct 3, 2025 | 80.5 | -0.38 (-0.46%) |
| Oct 10, 2025 | 79 | -1.88 (-2.32%) |
| Oct 17, 2025 | 80 | -0.88 (-1.08%) |
| Nov 21, 2025 | 81 | 0.13 (0.15%) |
| Dec 19, 2025 | 80 | -0.88 (-1.08%) |
| Jan 16, 2026 | 79 | -1.88 (-2.32%) |
| Mar 20, 2026 | 80 | -0.88 (-1.08%) |
| Apr 17, 2026 | 77 | -3.88 (-4.79%) |
| May 15, 2026 | 79 | -1.88 (-2.32%) |
| Jun 18, 2026 | 81 | 0.13 (0.15%) |
| Jul 17, 2026 | 75 | -5.88 (-7.26%) |
| Aug 21, 2026 | 75 | -5.88 (-7.26%) |
| Jan 15, 2027 | 80 | -0.88 (-1.08%) |