Vanguard Russell 2000 ETF (VTWO)

VTWO trades at $99.36, 3.5% above the near-term max pain of $96 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($90-$96), reflecting growing call interest at higher strikes. Key magnetic zone at 90 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for VTWO shows an upward trend from 90 to 96, suggesting bullish positioning in longer-dated options. The 6% spread suggests strong consensus on fair value. Most levels below 99.36 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.