(VRP)

VRP trades at $24.6, 17.1% above the near-term max pain of $21 expiring Sep 19, 2025 (28 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$22), signaling increased put positioning or downside protection. Key magnetic zone at 21 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for VRP shows a downward trend from 22 to 20, indicating bearish sentiment or hedging activity. The 10% spread suggests strong consensus on fair value. Most levels below 24.6 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.