Itaú Unibanco Holding S.A... (ITUB)
Itaú Unibanco S.A. Max Pain By Strike
ITUB trades at $7.16, 2.3% above the near-term max pain of $7 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($5-$7), reflecting growing call interest at higher strikes. Key magnetic zone at 7 where 3 expirations converge.
Itaú Unibanco S.A. Max Pain By Expiry
Max pain for ITUB shows an upward trend from 5 to 7, suggesting bullish positioning in longer-dated options. The 32% spread signals divergent expectations across timeframes. Most levels below 7.16 may cap rallies. Strong magnetic level at 7 (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 |
|---|---|---|
| Oct 17, 2025 | 7 | n/a (n/a) |
| Nov 21, 2025 | 7 | n/a (n/a) |
| Dec 19, 2025 | 6 | n/a (n/a) |
| Jan 16, 2026 | 5 | n/a (n/a) |
| Mar 20, 2026 | 6 | n/a (n/a) |
| Jan 15, 2027 | 7 | n/a (n/a) |