CBOE: VFMV · Real-Time Price · USD
129.41
-0.36 (-0.28%)
At close: Aug 15, 2025, 3:04 PM

Max Pain By Strike

VFMV trades at $129.41, 6.1% above the near-term max pain of $122 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($111-$124), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for VFMV shows a downward trend from 124 to 111, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Most levels below 129.41 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 122 -7.41 (-5.72%)
Oct 17, 2025 111 -18.41 (-14.22%)
Jan 16, 2026 120 -9.41 (-7.27%)
Apr 17, 2026 124 -5.41 (-4.18%)