CBOE: VFVA · Real-Time Price · USD
123.89
-0.28 (-0.23%)
At close: Aug 15, 2025, 3:10 PM

Max Pain By Strike

VFVA trades at $123.89, 34.7% above the near-term max pain of $92 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($92-$117), 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 VFVA shows a downward trend from 117 to 92, indicating bearish sentiment or hedging activity. The 24% spread signals divergent expectations across timeframes. Most levels below 123.89 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 92 -31.89 (-25.74%)
Oct 17, 2025 117 -6.89 (-5.56%)
Dec 19, 2025 98 -25.89 (-20.90%)
Mar 20, 2026 111 -12.89 (-10.40%)