Volatility Shares Trust -... (BITX)
Volatility Shares Trust - 2x Bitcoin Strategy ETF Max Pain By Strike
BITX trades at $60.36, pinned near the near-term max pain of $61 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($40-$62), reflecting growing call interest at higher strikes. Key magnetic zone at 60 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Volatility Shares Trust - 2x Bitcoin Strategy ETF Max Pain By Expiry
Max pain for BITX shows an upward trend from 40 to 62, suggesting bullish positioning in longer-dated options. The 40% spread signals divergent expectations across timeframes. Most levels below 60.36 may cap rallies. Strong magnetic level at 60 (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 |
|---|---|---|
| Aug 22, 2025 | 61 | 0.64 (1.06%) |
| Aug 29, 2025 | 60 | -0.36 (-0.60%) |
| Sep 5, 2025 | 62 | 1.64 (2.72%) |
| Sep 12, 2025 | 60 | -0.36 (-0.60%) |
| Sep 19, 2025 | 50 | -10.36 (-17.16%) |
| Sep 26, 2025 | 60 | -0.36 (-0.60%) |
| Oct 17, 2025 | 55 | -5.36 (-8.88%) |
| Dec 19, 2025 | 50 | -10.36 (-17.16%) |
| Jan 16, 2026 | 54 | -6.36 (-10.54%) |
| Mar 20, 2026 | 57 | -3.36 (-5.57%) |
| Jun 18, 2026 | 55 | -5.36 (-8.88%) |
| Jan 15, 2027 | 40 | -20.36 (-33.73%) |