Vanguard ESG U.S. Stock E... (ESGV)

ESGV trades at $119.49, 9.6% above the near-term max pain of $109 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($85-$114), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ESGV shows a downward trend from 114 to 85, indicating bearish sentiment or hedging activity. The 28% spread signals divergent expectations across timeframes. Most levels below 119.49 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.