Vanguard Real Estate ETF (VNQ)
Vanguard Real Estate ETF Max Pain By Strike
VNQ trades at $92.17, 2.4% above the near-term max pain of $90 expiring Sep 19, 2025 (26 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($88-$100), signaling increased put positioning or downside protection. Key magnetic zone at 90 where 2 expirations converge.
Vanguard Real Estate ETF Max Pain By Expiry
Max pain for VNQ shows a downward trend from 100 to 88, indicating bearish sentiment or hedging activity. The 13% spread signals divergent expectations across timeframes. Levels distributed around 92.17. 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 | 90 | -2.17 (-2.35%) |
| Oct 17, 2025 | 90 | -2.17 (-2.35%) |
| Dec 19, 2025 | 89 | -3.17 (-3.44%) |
| Jan 16, 2026 | 100 | 7.83 (8.50%) |
| Mar 20, 2026 | 88 | -4.17 (-4.52%) |
| Jan 15, 2027 | 93 | 0.83 (0.90%) |