Invesco RAFI US 1000 ETF (PRF)

PRF trades at $45.59, 14.0% above the near-term max pain of $40 expiring Oct 17, 2025 (10 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($40-$43), signaling increased put positioning or downside protection. Key magnetic zone at 43 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PRF shows a downward trend from 43 to 40, indicating bearish sentiment or hedging activity. The 7% spread suggests strong consensus on fair value. Most levels below 45.59 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.