VanEck J.P. Morgan EM Loc... (EMLC)
VanEck J.P. Morgan EM Local Currency Bond ETF Max Pain By Strike
EMLC trades at $25.32, 5.5% above the near-term max pain of $24 expiring Sep 19, 2025 (23 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$25), signaling increased put positioning or downside protection. Key magnetic zone at 24 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
VanEck J.P. Morgan EM Local Currency Bond ETF Max Pain By Expiry
Max pain for EMLC shows a downward trend from 25 to 20, indicating bearish sentiment or hedging activity. The 22% spread signals divergent expectations across timeframes. Most levels below 25.32 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 | 24 | -1.32 (-5.23%) |
| Oct 17, 2025 | 24 | -1.32 (-5.23%) |
| Jan 16, 2026 | 20 | -5.32 (-21.03%) |
| Apr 17, 2026 | 25 | -0.32 (-1.28%) |