(AIA)
Max Pain By Strike
AIA trades at $84.8, 41.3% above the near-term max pain of $60 expiring Sep 19, 2025 (18 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($45-$97.5), 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 AIA shows a downward trend from 97.5 to 45, indicating bearish sentiment or hedging activity. The 73% spread signals divergent expectations across timeframes. Most levels below 84.8 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 | 60 | -24.80 (-29.25%) |
| Oct 17, 2025 | 81 | -3.80 (-4.48%) |
| Nov 21, 2025 | 45 | -39.80 (-46.93%) |
| Jan 16, 2026 | 97.5 | 12.70 (14.98%) |
| Feb 20, 2026 | 75 | -9.80 (-11.56%) |