CBOE: EFAV · Real-Time Price · USD
86.39
0.70 (0.82%)
At close: Aug 22, 2025, 3:00 PM

Max Pain By Strike

EFAV trades at $86.39, 18.3% above the near-term max pain of $73 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($55-$6284.9), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for EFAV shows a downward trend from 6284.9 to 55, indicating bearish sentiment or hedging activity. The 475% spread signals divergent expectations across timeframes. Most levels below 86.39 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 73 -13.39 (-15.50%)
Oct 17, 2025 75 -11.39 (-13.18%)
Dec 19, 2025 55 -31.39 (-36.34%)
Mar 20, 2026 72 -14.39 (-16.66%)
Jan 23, 2064 6284.9 6198.51 (7175.03%)