VanEck High Yield Muni ET... (HYD)
VanEck High Yield Muni ETF Max Pain By Strike
HYD trades at $49.32, 5.2% below the near-term max pain of $52 expiring Sep 19, 2025 (28 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($49-$53), reflecting growing call interest at higher strikes. Key magnetic zone at 49 where 2 expirations converge.
VanEck High Yield Muni ETF Max Pain By Expiry
Max pain for HYD shows an upward trend from 49 to 53, suggesting bullish positioning in longer-dated options. The 8% spread suggests strong consensus on fair value. Levels distributed around 49.32. 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 | 52 | 2.68 (5.43%) |
| Oct 17, 2025 | 49 | -0.32 (-0.65%) |
| Dec 19, 2025 | 53 | 3.68 (7.46%) |
| Mar 20, 2026 | 49 | -0.32 (-0.65%) |