(ESGV)

ESGV trades at $114.34, 34.5% above the near-term max pain of $85 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($85-$109), signaling increased put positioning or downside protection. Key magnetic zone at 85 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ESGV shows a downward trend from 109 to 85, indicating bearish sentiment or hedging activity. The 25% spread signals divergent expectations across timeframes. Most levels below 114.34 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.