(IBBQ)
Max Pain By Strike
IBBQ trades at $24.01, 41.2% above the near-term max pain of $17 expiring Sep 19, 2025 (10 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($13-$18), 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 IBBQ shows a downward trend from 18 to 13, indicating bearish sentiment or hedging activity. The 32% spread signals divergent expectations across timeframes. Most levels below 24.01 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 | 17 | -7.01 (-29.20%) |
| Oct 17, 2025 | 13 | -11.01 (-45.86%) |
| Jan 16, 2026 | 15 | -9.01 (-37.53%) |
| Apr 17, 2026 | 18 | -6.01 (-25.03%) |