International Bancshares ... (IBOC)
International Bancshares Max Pain By Strike
IBOC trades at $68.73, 71.8% above the near-term max pain of $40 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($30-$65), signaling increased put positioning or downside protection. Key magnetic zone at 40 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
International Bancshares Max Pain By Expiry
Max pain for IBOC shows a downward trend from 65 to 30, indicating bearish sentiment or hedging activity. The 83% spread signals divergent expectations across timeframes. Most levels below 68.73 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 | 40 | -28.73 (-41.80%) |
| Oct 17, 2025 | 40 | -28.73 (-41.80%) |
| Nov 21, 2025 | 30 | -38.73 (-56.35%) |
| Jan 16, 2026 | 65 | -3.73 (-5.43%) |
| Feb 20, 2026 | 35 | -33.73 (-49.08%) |