Vanguard Real Estate ETF (VNQ)
Vanguard Real Estate ETF Max Pain By Strike
VNQ trades at $91.91, 2.1% above the near-term max pain of $90 expiring Sep 19, 2025 (25 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($88-$100), signaling increased put positioning or downside protection. Key magnetic zone at 90 where 2 expirations converge.
Vanguard Real Estate ETF Max Pain By Expiry
Max pain for VNQ shows a downward trend from 100 to 88, indicating bearish sentiment or hedging activity. The 13% spread signals divergent expectations across timeframes. Levels distributed around 91.91. 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 | 90 | -1.91 (-2.07%) |
| Oct 17, 2025 | 90 | -1.91 (-2.07%) |
| Dec 19, 2025 | 89 | -2.91 (-3.16%) |
| Jan 16, 2026 | 100 | 8.09 (8.81%) |
| Mar 20, 2026 | 88 | -3.91 (-4.25%) |
| Jan 15, 2027 | 93 | 1.09 (1.19%) |