Vanguard Tax-Exempt Bond ... (VTEB)
Vanguard Tax-Exempt Bond ETF Max Pain By Strike
VTEB trades at $50, pinned near the near-term max pain of $50 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($49-$97.5), reflecting growing call interest at higher strikes. Key magnetic zone at 49 where 3 expirations converge.
Vanguard Tax-Exempt Bond ETF Max Pain By Expiry
Max pain for VTEB shows an upward trend from 49 to 97.5, suggesting bullish positioning in longer-dated options. The 82% spread signals divergent expectations across timeframes. Levels distributed around 50. Strong magnetic level at 49 (3 expirations). 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 |
|---|---|---|
| Oct 17, 2025 | 50 | n/a (n/a) |
| Nov 21, 2025 | 49 | n/a (n/a) |
| Jan 16, 2026 | 97.5 | n/a (n/a) |
| Feb 20, 2026 | 49 | n/a (n/a) |
| May 15, 2026 | 49 | n/a (n/a) |