Virtus LifeSci Biotech Cl... (BBC)
Virtus LifeSci Biotech Clinical Trials ETF Max Pain By Strike
BBC trades at $22.18, pinned near the near-term max pain of $22 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($13-$55), signaling increased put positioning or downside protection. Key magnetic zone at 16 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Virtus LifeSci Biotech Clinical Trials ETF Max Pain By Expiry
Max pain for BBC shows a downward trend from 55 to 13, indicating bearish sentiment or hedging activity. The 172% spread signals divergent expectations across timeframes. Most levels below 22.18 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 | 22 | -0.18 (-0.81%) |
| Oct 17, 2025 | 16 | -6.18 (-27.86%) |
| Jan 16, 2026 | 13 | -9.18 (-41.39%) |
| Apr 17, 2026 | 16 | -6.18 (-27.86%) |
| Dec 18, 2026 | 55 | 32.82 (147.97%) |