ProShares - VIX Short-Ter... (VIXY)
ProShares - VIX Short-Term Futures ETF Max Pain By Strike
VIXY trades at $37.64, 3.5% below the near-term max pain of $39 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($37-$54), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - VIX Short-Term Futures ETF Max Pain By Expiry
Max pain for VIXY shows a downward trend from 54 to 37, indicating bearish sentiment or hedging activity. The 38% spread signals divergent expectations across timeframes. Most levels above 37.64 could support dips. 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 | 39 | 1.36 (3.61%) |
| Oct 17, 2025 | 37 | -0.64 (-1.70%) |
| Dec 19, 2025 | 43 | 5.36 (14.24%) |
| Jan 16, 2026 | 45 | 7.36 (19.55%) |
| Mar 20, 2026 | 46 | 8.36 (22.21%) |
| Jun 18, 2026 | 54 | 16.36 (43.46%) |
| Jan 15, 2027 | 53 | 15.36 (40.81%) |