VictoryShares US 500 Vola... (CFA)
VictoryShares US 500 Volatility Wtd ETF Max Pain By Strike
CFA trades at $90.46, 25.6% above the near-term max pain of $72 expiring Sep 19, 2025 (21 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($72-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
VictoryShares US 500 Volatility Wtd ETF Max Pain By Expiry
Max pain for CFA shows a downward trend from 95 to 72, indicating bearish sentiment or hedging activity. The 28% spread signals divergent expectations across timeframes. Most levels below 90.46 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 | 72 | -18.46 (-20.41%) |
| Oct 17, 2025 | 86 | -4.46 (-4.93%) |
| Dec 19, 2025 | 75 | -15.46 (-17.09%) |
| Jan 16, 2026 | 95 | 4.54 (5.02%) |
| Mar 20, 2026 | 85 | -5.46 (-6.04%) |