(VXX)
Max Pain By Strike
VXX trades at $35.98, 10.1% below the near-term max pain of $40 expiring Aug 29, 2025 (4 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($38-$50), reflecting growing call interest at higher strikes. Key magnetic zone at 40 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for VXX shows an upward trend from 38 to 50, suggesting bullish positioning in longer-dated options. The 29% spread signals divergent expectations across timeframes. Most levels above 35.98 could support dips. Strong magnetic level at 40 (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 |
|---|---|---|
| Aug 29, 2025 | 40 | 4.02 (11.17%) |
| Sep 5, 2025 | 41 | 5.02 (13.95%) |
| Sep 12, 2025 | 40 | 4.02 (11.17%) |
| Sep 19, 2025 | 41 | 5.02 (13.95%) |
| Sep 26, 2025 | 38.5 | 2.52 (7.00%) |
| Oct 3, 2025 | 38.5 | 2.52 (7.00%) |
| Oct 17, 2025 | 38 | 2.02 (5.61%) |
| Nov 21, 2025 | 39 | 3.02 (8.39%) |
| Dec 19, 2025 | 40 | 4.02 (11.17%) |
| Jan 16, 2026 | 50 | 14.02 (38.97%) |
| Mar 20, 2026 | 40 | 4.02 (11.17%) |
| Jan 15, 2027 | 50 | 14.02 (38.97%) |