Exelixis Inc. (EXEL)
Exelixis Max Pain By Strike
EXEL trades at $38.28, 3.5% above the near-term max pain of $37 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($25-$40), signaling increased put positioning or downside protection. Key magnetic zone at 37 where 3 expirations converge.
Exelixis Max Pain By Expiry
Max pain for EXEL shows a downward trend from 40 to 25, indicating bearish sentiment or hedging activity. The 43% spread signals divergent expectations across timeframes. Most levels below 38.28 may cap rallies. Strong magnetic level at 37 (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 |
|---|---|---|
| Aug 15, 2025 | 37 | -1.28 (-3.34%) |
| Sep 19, 2025 | 38 | -0.28 (-0.73%) |
| Oct 17, 2025 | 30 | -8.28 (-21.63%) |
| Nov 21, 2025 | 40 | 1.72 (4.49%) |
| Jan 16, 2026 | 37 | -1.28 (-3.34%) |
| Feb 20, 2026 | 37 | -1.28 (-3.34%) |
| Jan 15, 2027 | 25 | -13.28 (-34.69%) |