Vornado Realty Trust (VNO)
Vornado Realty Trust Max Pain By Strike
VNO trades at $37.05, 5.0% below the near-term max pain of $39 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is stable across expirations ($29-$39), indicating stable market expectations. Key magnetic zone at 39 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Vornado Realty Trust Max Pain By Expiry
Max pain for VNO shows stable levels around 35.43, reflecting balanced market expectations. The 28% spread signals divergent expectations across timeframes. Levels distributed around 37.05. Strong magnetic level at 39 (4 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 | 39 | 1.95 (5.26%) |
| Sep 19, 2025 | 39 | 1.95 (5.26%) |
| Oct 17, 2025 | 29 | -8.05 (-21.73%) |
| Dec 19, 2025 | 39 | 1.95 (5.26%) |
| Jan 16, 2026 | 30 | -7.05 (-19.03%) |
| Mar 20, 2026 | 39 | 1.95 (5.26%) |
| Jan 15, 2027 | 33 | -4.05 (-10.93%) |