(SVIX)
Max Pain By Strike
SVIX trades at $18.64, pinned near the near-term max pain of $18.5 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($8-$19), reflecting growing call interest at higher strikes. Key magnetic zone at 19 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SVIX shows an upward trend from 8 to 19, suggesting bullish positioning in longer-dated options. The 70% spread signals divergent expectations across timeframes. Most levels below 18.64 may cap rallies. Strong magnetic level at 19 (4 expirations). 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 |
|---|---|---|
| Aug 22, 2025 | 18.5 | -0.14 (-0.78%) |
| Aug 29, 2025 | 17 | -1.64 (-8.82%) |
| Sep 5, 2025 | 18.5 | -0.14 (-0.78%) |
| Sep 12, 2025 | 18 | -0.64 (-3.46%) |
| Sep 19, 2025 | 15 | -3.64 (-19.55%) |
| Sep 26, 2025 | 15 | -3.64 (-19.55%) |
| Oct 17, 2025 | 19 | 0.36 (1.90%) |
| Dec 19, 2025 | 12 | -6.64 (-35.64%) |
| Jan 16, 2026 | 13 | -5.64 (-30.28%) |
| Mar 20, 2026 | 19 | 0.36 (1.90%) |
| Jan 15, 2027 | 8 | -10.64 (-57.09%) |