Valaris Limited (VAL)
Valaris Max Pain By Strike
VAL trades at $45.84, 7.9% above the near-term max pain of $42.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($30-$50), signaling increased put positioning or downside protection. Key magnetic zone at 43 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Valaris Max Pain By Expiry
Max pain for VAL shows a downward trend from 50 to 30, indicating bearish sentiment or hedging activity. The 48% spread signals divergent expectations across timeframes. Most levels below 45.84 may cap rallies. Strong magnetic level at 43 (3 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 15, 2025 | 42.5 | -3.34 (-7.30%) |
| Sep 19, 2025 | 50 | 4.16 (9.06%) |
| Oct 17, 2025 | 30 | -15.84 (-34.56%) |
| Nov 21, 2025 | 47.5 | 1.66 (3.61%) |
| Dec 19, 2025 | 47.5 | 1.66 (3.61%) |
| Jan 16, 2026 | 42.5 | -3.34 (-7.30%) |
| Feb 20, 2026 | 42.5 | -3.34 (-7.30%) |
| Jun 18, 2026 | 40 | -5.84 (-12.75%) |
| Dec 18, 2026 | 45 | -0.84 (-1.84%) |
| Jan 15, 2027 | 30 | -15.84 (-34.56%) |
| Dec 17, 2027 | 45 | -0.84 (-1.84%) |