(IWMI)
Max Pain By Strike
IWMI trades at $47.49, pinned near the near-term max pain of $47 expiring Sep 19, 2025 (16 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($46-$48), indicating stable market expectations. Key magnetic zone at 47 where 2 expirations converge.
Max Pain By Expiry
Max pain for IWMI shows stable levels around 47.00, reflecting balanced market expectations. The 4% spread suggests strong consensus on fair value. Most levels below 47.49 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 | 47 | -0.49 (-1.03%) |
| Oct 17, 2025 | 46 | -1.49 (-3.14%) |
| Nov 21, 2025 | 48 | 0.51 (1.07%) |
| Feb 20, 2026 | 47 | -0.49 (-1.03%) |