Goldman Sachs Hedge Indus... (GVIP)
Goldman Sachs Hedge Industry VIP ETF Max Pain By Strike
GVIP trades at $142.05, 40.6% above the near-term max pain of $101 expiring Sep 19, 2025 (24 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$136), reflecting growing call interest at higher strikes. Key magnetic zone at 136 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Goldman Sachs Hedge Industry VIP ETF Max Pain By Expiry
Max pain for GVIP shows an upward trend from 7 to 136, suggesting bullish positioning in longer-dated options. The 132% spread signals divergent expectations across timeframes. Most levels below 142.05 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 | 101 | -41.05 (-28.90%) |
| Oct 17, 2025 | 136 | -6.05 (-4.26%) |
| Dec 19, 2025 | 107 | -35.05 (-24.67%) |
| Jan 16, 2026 | 7 | -135.05 (-95.07%) |
| Mar 20, 2026 | 136 | -6.05 (-4.26%) |