(IVOL)
Max Pain By Strike
IVOL trades at $20, 17.6% above the near-term max pain of $17 expiring Sep 19, 2025 (20 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$18), reflecting growing call interest at higher strikes. Key magnetic zone at 16 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for IVOL shows an upward trend from 7 to 18, suggesting bullish positioning in longer-dated options. The 74% spread signals divergent expectations across timeframes. Most levels below 20 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 | 17 | -3.00 (-15.02%) |
| Oct 17, 2025 | 18 | -2.00 (-10.02%) |
| Dec 19, 2025 | 16 | -4.00 (-20.02%) |
| Jan 16, 2026 | 7 | -13.00 (-65.01%) |
| Mar 20, 2026 | 16 | -4.00 (-20.02%) |