Exelixis Inc. (EXEL)
Exelixis Max Pain By Strike
EXEL trades at $37.88, pinned near the near-term max pain of $38 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($25-$40), reflecting growing call interest at higher strikes. Key magnetic zone at 38 where 3 expirations converge.
Exelixis Max Pain By Expiry
Max pain for EXEL shows an upward trend from 25 to 40, suggesting bullish positioning in longer-dated options. The 42% spread signals divergent expectations across timeframes. Levels distributed around 37.88. Strong magnetic level at 38 (3 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 |
|---|---|---|
| Sep 19, 2025 | 38 | 0.12 (0.32%) |
| Oct 17, 2025 | 38 | 0.12 (0.32%) |
| Nov 21, 2025 | 40 | 2.12 (5.60%) |
| Jan 16, 2026 | 37 | -0.88 (-2.32%) |
| Feb 20, 2026 | 38 | 0.12 (0.32%) |
| Jan 15, 2027 | 25 | -12.88 (-34.00%) |