Velocity Financial Inc. (VEL)

VEL trades at $18.83, 7.6% above the near-term max pain of $17.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($5-$20), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for VEL shows a downward trend from 20 to 5, indicating bearish sentiment or hedging activity. The 94% spread signals divergent expectations across timeframes. Levels distributed around 18.83. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.