CBOE: VFVA · Real-Time Price · USD
128.19
1.05 (0.83%)
At close: Aug 27, 2025, 3:00 PM

Max Pain By Strike

VFVA trades at $128.19, 39.3% above the near-term max pain of $92 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($92-$117), 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 VFVA shows a downward trend from 117 to 92, indicating bearish sentiment or hedging activity. The 24% spread signals divergent expectations across timeframes. Most levels below 128.19 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 92 -36.19 (-28.23%)
Oct 17, 2025 117 -11.19 (-8.73%)
Dec 19, 2025 98 -30.19 (-23.55%)
Mar 20, 2026 111 -17.19 (-13.41%)