Valero Energy Corporation (VLO)
Valero Energy Max Pain By Strike
VLO trades at $157.9, 3.5% above the near-term max pain of $152.5 expiring Sep 12, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($125-$160), signaling increased put positioning or downside protection. Key magnetic zone at 130 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Valero Energy Max Pain By Expiry
Max pain for VLO shows a downward trend from 160 to 125, indicating bearish sentiment or hedging activity. The 25% spread signals divergent expectations across timeframes. Most levels below 157.9 may cap rallies. Strong magnetic level at 130 (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 |
|---|---|---|
| Sep 12, 2025 | 152.5 | -5.40 (-3.42%) |
| Sep 19, 2025 | 130 | -27.90 (-17.67%) |
| Sep 26, 2025 | 142 | -15.90 (-10.07%) |
| Oct 3, 2025 | 146 | -11.90 (-7.54%) |
| Oct 10, 2025 | 160 | 2.10 (1.33%) |
| Oct 17, 2025 | 145 | -12.90 (-8.17%) |
| Oct 24, 2025 | 150 | -7.90 (-5.00%) |
| Dec 19, 2025 | 135 | -22.90 (-14.50%) |
| Jan 16, 2026 | 145 | -12.90 (-8.17%) |
| Mar 20, 2026 | 125 | -32.90 (-20.84%) |
| Jun 18, 2026 | 125 | -32.90 (-20.84%) |
| Sep 18, 2026 | 140 | -17.90 (-11.34%) |
| Dec 18, 2026 | 130 | -27.90 (-17.67%) |
| Jan 15, 2027 | 130 | -27.90 (-17.67%) |
| Dec 17, 2027 | 135 | -22.90 (-14.50%) |