iShares Semiconductor ETF (SOXX)

SOXX trades at $279.96, 3.7% above the near-term max pain of $270 expiring Oct 10, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($160-$280), reflecting growing call interest at higher strikes. Key magnetic zone at 270 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SOXX shows an upward trend from 160 to 280, suggesting bullish positioning in longer-dated options. The 49% spread signals divergent expectations across timeframes. Most levels below 279.96 may cap rallies. Strong magnetic level at 270 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.