(SVIX)
Max Pain By Strike
SVIX trades at $20.19, 6.3% above the near-term max pain of $19 expiring Sep 5, 2025 (1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$19), reflecting growing call interest at higher strikes. Key magnetic zone at 19 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SVIX shows an upward trend from 8 to 19, suggesting bullish positioning in longer-dated options. The 70% spread signals divergent expectations across timeframes. Most levels below 20.19 may cap rallies. Strong magnetic level at 19 (4 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 |
|---|---|---|
| Sep 5, 2025 | 19 | -1.19 (-5.89%) |
| Sep 12, 2025 | 18.5 | -1.69 (-8.37%) |
| Sep 19, 2025 | 15 | -5.19 (-25.71%) |
| Sep 26, 2025 | 15 | -5.19 (-25.71%) |
| Oct 3, 2025 | 17 | -3.19 (-15.80%) |
| Oct 10, 2025 | 17 | -3.19 (-15.80%) |
| Oct 17, 2025 | 19 | -1.19 (-5.89%) |
| Dec 19, 2025 | 12 | -8.19 (-40.56%) |
| Jan 16, 2026 | 13 | -7.19 (-35.61%) |
| Mar 20, 2026 | 19 | -1.19 (-5.89%) |
| Jan 15, 2027 | 8 | -12.19 (-60.38%) |