(VIOG)

VIOG trades at $121.19, 9.2% above the near-term max pain of $111 expiring Sep 19, 2025 (18 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($91-$113), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for VIOG shows a downward trend from 113 to 91, indicating bearish sentiment or hedging activity. The 21% spread signals divergent expectations across timeframes. Most levels below 121.19 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.