(RFV)

RFV trades at $123.78, 30.3% above the near-term max pain of $95 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($95-$121), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for RFV shows a downward trend from 121 to 95, indicating bearish sentiment or hedging activity. The 24% spread signals divergent expectations across timeframes. Most levels below 123.78 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.