VanEck Pharmaceutical ETF (PPH)
VanEck Pharmaceutical ETF Max Pain By Strike
PPH trades at $88.06, 3.6% above the near-term max pain of $85 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($85-$95), signaling increased put positioning or downside protection. Key magnetic zone at 87 where 2 expirations converge.
VanEck Pharmaceutical ETF Max Pain By Expiry
Max pain for PPH shows a downward trend from 95 to 85, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Levels distributed around 88.06. 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 | 85 | -3.06 (-3.48%) |
| Oct 17, 2025 | 87 | -1.06 (-1.21%) |
| Jan 16, 2026 | 90 | 1.94 (2.20%) |
| Apr 17, 2026 | 87 | -1.06 (-1.21%) |
| Dec 18, 2026 | 95 | 6.94 (7.87%) |