(ESGV)

ESGV trades at $117.23, 37.9% above the near-term max pain of $85 expiring Sep 19, 2025 (7 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($85-$114), 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 114 to 85, indicating bearish sentiment or hedging activity. The 30% spread signals divergent expectations across timeframes. Most levels below 117.23 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.