(VRP)
Max Pain By Strike
VRP trades at $24.61, 17.2% above the near-term max pain of $21 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$22), signaling increased put positioning or downside protection. Key magnetic zone at 21 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for VRP shows a downward trend from 22 to 20, indicating bearish sentiment or hedging activity. The 10% spread suggests strong consensus on fair value. Most levels below 24.61 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 | 21 | -3.61 (-14.69%) |
Oct 17, 2025 | 20 | -4.61 (-18.75%) |
Jan 16, 2026 | 21 | -3.61 (-14.69%) |
Apr 17, 2026 | 22 | -2.61 (-10.62%) |