(IFRA)
Max Pain By Strike
IFRA trades at $52.48, pinned near the near-term max pain of $53 expiring Sep 19, 2025 (26 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($45-$53), signaling increased put positioning or downside protection.
Max Pain By Expiry
Max pain for IFRA shows a downward trend from 53 to 45, indicating bearish sentiment or hedging activity. The 16% spread signals divergent expectations across timeframes. Most levels below 52.48 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 | 53 | 0.52 (0.98%) |
| Oct 17, 2025 | 46 | -6.48 (-12.36%) |
| Nov 21, 2025 | 45 | -7.48 (-14.26%) |
| Feb 20, 2026 | 51 | -1.48 (-2.83%) |