Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Installed Building Products options about one week from expiration was $192.80. The chart above shows the exact max pain for each expiration date.

Installed Building Products closed above its near-term max pain on 12 of the last 20 trading days. On Nov 4, 2026 it closed at $235.74, 22.3% above max pain of $192.80.

Over the last 20 trading days, near-term max pain for Installed Building Products ranged from $186.58 to $200.00. It went from $200.00 on Oct 8, 2026 to $192.80 on Nov 4, 2026. See the IBP max pain history for a longer view.

Installed Building Products Inc is an insulation installer serving the residential new construction market and are also a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, window blinds, shower doors,...