(VAW)
Max Pain By Strike
VAW trades at $203.6, 2.3% above the near-term max pain of $199 expiring Sep 19, 2025 (33 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$205), reflecting growing call interest at higher strikes.
Max Pain By Expiry
Max pain for VAW shows an upward trend from 7 to 205, suggesting bullish positioning in longer-dated options. The 124% spread signals divergent expectations across timeframes. Most levels below 203.6 may cap rallies. 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 |
|---|---|---|
| Sep 19, 2025 | 199 | -4.60 (-2.26%) |
| Oct 17, 2025 | 192 | -11.60 (-5.70%) |
| Nov 21, 2025 | 195 | -8.60 (-4.23%) |
| Jan 16, 2026 | 7 | -196.60 (-96.56%) |
| Feb 20, 2026 | 205 | 1.40 (0.69%) |