ProShares - Ultra VIX Sho... (UVXY)
ProShares - Ultra VIX Short-Term Futures ETF Max Pain By Strike
UVXY trades at $12.04, pinned near the near-term max pain of $12 expiring Sep 5, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$20), reflecting growing call interest at higher strikes. Key magnetic zone at 12 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - Ultra VIX Short-Term Futures ETF Max Pain By Expiry
Max pain for UVXY shows an upward trend from 7 to 20, suggesting bullish positioning in longer-dated options. The 95% spread signals divergent expectations across timeframes. Levels distributed around 12.04. Strong magnetic level at 12 (4 expirations). 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 5, 2025 | 12 | -0.04 (-0.33%) |
| Sep 12, 2025 | 12 | -0.04 (-0.33%) |
| Sep 19, 2025 | 15 | 2.96 (24.58%) |
| Sep 26, 2025 | 12.5 | 0.46 (3.82%) |
| Oct 3, 2025 | 12 | -0.04 (-0.33%) |
| Oct 10, 2025 | 7 | -5.04 (-41.86%) |
| Oct 17, 2025 | 12 | -0.04 (-0.33%) |
| Nov 21, 2025 | 13 | 0.96 (7.97%) |
| Dec 19, 2025 | 17 | 4.96 (41.19%) |
| Jan 16, 2026 | 20 | 7.96 (66.11%) |
| Mar 20, 2026 | 14 | 1.96 (16.28%) |
| Jan 15, 2027 | 18 | 5.96 (49.50%) |