Columbia Threadneedle - E... (XCEM)
Columbia Threadneedle - EM Core ex-China ETF Max Pain By Strike
XCEM trades at $34.9, 39.6% above the near-term max pain of $25 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($19-$25), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Columbia Threadneedle - EM Core ex-China ETF Max Pain By Expiry
Max pain for XCEM shows a downward trend from 25 to 19, indicating bearish sentiment or hedging activity. The 26% spread signals divergent expectations across timeframes. Most levels below 34.9 may cap rallies. 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 |
|---|---|---|
| Sep 19, 2025 | 25 | -9.90 (-28.37%) |
| Oct 17, 2025 | 25 | -9.90 (-28.37%) |
| Dec 19, 2025 | 19 | -15.90 (-45.56%) |
| Mar 20, 2026 | 24 | -10.90 (-31.23%) |