VanEck Bitcoin ETF (HODL) Max Pain Analysis

Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.

VanEck Bitcoin ETF (HODL) operates in the Financial Services sector, specifically the Asset Management - Cryptocurrency industry, with a market capitalization near $1.24B, listed on CBOE, carrying a beta of 2.16 to the broader market. The Trust's investment objective is to reflect the performance of the price of Bitcoin less the expenses of the Trust's operations. public since 2024-01-11.

Snapshot as of May 15, 2026.

Spot Price
$22.37
Total OI
1.2K

Learn how max pain is reported and how to read the data →