Volatility Shares Trust -...

CBOE: BITX · Real-Time Price · USD
57.77
-2.58 (-4.28%)
At close: Aug 19, 2025, 9:48 AM

Volatility Shares Trust - 2x Bitcoin Strategy ETF Max Pain By Strike

BITX trades at $57.77, 5.3% below the near-term max pain of $61 expiring Aug 22, 2025 (3 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($40-$62), reflecting growing call interest at higher strikes. Key magnetic zone at 60 where 3 expirations converge.

Volatility Shares Trust - 2x Bitcoin Strategy ETF Max Pain By Expiry

Max pain for BITX shows an upward trend from 40 to 62, suggesting bullish positioning in longer-dated options. The 40% spread signals divergent expectations across timeframes. Levels distributed around 57.77. Strong magnetic level at 60 (3 expirations). 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
Aug 22, 2025 61 3.23 (5.59%)
Aug 29, 2025 60 2.23 (3.86%)
Sep 5, 2025 62 4.23 (7.32%)
Sep 12, 2025 60 2.23 (3.86%)
Sep 19, 2025 50 -7.77 (-13.45%)
Sep 26, 2025 60 2.23 (3.86%)
Oct 17, 2025 55 -2.77 (-4.79%)
Dec 19, 2025 50 -7.77 (-13.45%)
Jan 16, 2026 54 -3.77 (-6.53%)
Mar 20, 2026 57 -0.77 (-1.33%)
Jun 18, 2026 55 -2.77 (-4.79%)
Jan 15, 2027 40 -17.77 (-30.76%)