Cboe Volatility Index (^VIX)

^VIX trades at $15.32, 19.4% below the near-term max pain of $19 expiring Oct 22, 2025 (24 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($9-$21), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ^VIX shows an upward trend from 9 to 21, suggesting bullish positioning in longer-dated options. The 70% spread signals divergent expectations across timeframes. Most levels above 15.32 could support dips. Strong magnetic level at 20 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.