(VONG)

VONG trades at $115.54, 17.9% above the near-term max pain of $98 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($89-$98), indicating stable market expectations. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for VONG shows stable levels around 93.50, reflecting balanced market expectations. The 10% spread suggests strong consensus on fair value. Most levels below 115.54 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.