RPAR Risk Parity ETF (RPAR)

RPAR trades at $20.35, 7.1% above the near-term max pain of $19 expiring Sep 19, 2025 (27 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$25), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for RPAR shows a downward trend from 25 to 15, indicating bearish sentiment or hedging activity. The 54% spread signals divergent expectations across timeframes. Most levels below 20.35 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.