Franklin U.S. Low Volatil... (LVHD)
Franklin U.S. Low Volatility High Dividend Index ETF Max Pain By Strike
LVHD trades at $41.12, 17.5% above the near-term max pain of $35 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($34-$36), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Franklin U.S. Low Volatility High Dividend Index ETF Max Pain By Expiry
Max pain for LVHD shows a downward trend from 36 to 34, indicating bearish sentiment or hedging activity. The 6% spread suggests strong consensus on fair value. Most levels below 41.12 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 | 35 | -6.12 (-14.88%) |
| Oct 17, 2025 | 35 | -6.12 (-14.88%) |
| Jan 16, 2026 | 34 | -7.12 (-17.32%) |
| Apr 17, 2026 | 36 | -5.12 (-12.45%) |