International Paper (IP)
International Paper Max Pain By Strike
IP trades at $47.31, pinned near the near-term max pain of $47 expiring Aug 22, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($32.5-$52.5), signaling increased put positioning or downside protection. Key magnetic zone at 47 where 3 expirations converge.
International Paper Max Pain By Expiry
Max pain for IP shows a downward trend from 52.5 to 32.5, indicating bearish sentiment or hedging activity. The 42% spread signals divergent expectations across timeframes. Levels distributed around 47.31. Strong magnetic level at 47 (3 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 |
|---|---|---|
| Aug 22, 2025 | 47 | -0.31 (-0.66%) |
| Aug 29, 2025 | 46 | -1.31 (-2.77%) |
| Sep 5, 2025 | 47 | -0.31 (-0.66%) |
| Sep 12, 2025 | 47 | -0.31 (-0.66%) |
| Sep 19, 2025 | 50 | 2.69 (5.69%) |
| Sep 26, 2025 | 46 | -1.31 (-2.77%) |
| Oct 17, 2025 | 50 | 2.69 (5.69%) |
| Jan 16, 2026 | 52.5 | 5.19 (10.97%) |
| Mar 20, 2026 | 45 | -2.31 (-4.88%) |
| Apr 17, 2026 | 47.5 | 0.19 (0.40%) |
| Jun 18, 2026 | 50 | 2.69 (5.69%) |
| Sep 18, 2026 | 52.5 | 5.19 (10.97%) |
| Jan 15, 2027 | 32.5 | -14.81 (-31.30%) |