ProShares - Short VIX Sho... (SVXY)
ProShares - Short VIX Short-Term Futures ETF Max Pain By Strike
SVXY trades at $47.3, pinned near the near-term max pain of $47 expiring Aug 22, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($40-$48), reflecting growing call interest at higher strikes. Key magnetic zone at 40 where 2 expirations converge.
ProShares - Short VIX Short-Term Futures ETF Max Pain By Expiry
Max pain for SVXY shows an upward trend from 40 to 48, suggesting bullish positioning in longer-dated options. The 18% spread signals divergent expectations across timeframes. Most levels below 47.3 may cap rallies. 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 | 47 | -0.30 (-0.63%) |
| Aug 29, 2025 | 44 | -3.30 (-6.98%) |
| Sep 19, 2025 | 47 | -0.30 (-0.63%) |
| Oct 17, 2025 | 48 | 0.70 (1.48%) |
| Dec 19, 2025 | 42 | -5.30 (-11.21%) |
| Jan 16, 2026 | 40 | -7.30 (-15.43%) |
| Mar 20, 2026 | 45 | -2.30 (-4.86%) |
| Jan 15, 2027 | 40 | -7.30 (-15.43%) |