(IVOG)
Max Pain By Strike
IVOG trades at $118.41, 8.6% above the near-term max pain of $109 expiring Sep 19, 2025 (27 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($89-$111), 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 IVOG shows a downward trend from 111 to 89, indicating bearish sentiment or hedging activity. The 21% spread signals divergent expectations across timeframes. Most levels below 118.41 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 | 109 | -9.41 (-7.94%) |
| Oct 17, 2025 | 89 | -29.41 (-24.83%) |
| Jan 16, 2026 | 106 | -12.41 (-10.48%) |
| Apr 17, 2026 | 111 | -7.41 (-6.25%) |