(XBI)
Max Pain By Strike
XBI trades at $89.56, 4.1% above the near-term max pain of $86 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($81-$92), reflecting growing call interest at higher strikes. Key magnetic zone at 85 where 6 expirations converge.
Max Pain By Expiry
Max pain for XBI shows an upward trend from 81 to 92, suggesting bullish positioning in longer-dated options. The 13% spread signals divergent expectations across timeframes. Most levels below 89.56 may cap rallies. Strong magnetic level at 85 (6 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 | 86 | -3.56 (-3.97%) |
| Aug 22, 2025 | 85 | -4.56 (-5.09%) |
| Aug 29, 2025 | 85 | -4.56 (-5.09%) |
| Sep 5, 2025 | 83 | -6.56 (-7.32%) |
| Sep 12, 2025 | 86.5 | -3.06 (-3.42%) |
| Sep 19, 2025 | 81 | -8.56 (-9.56%) |
| Sep 26, 2025 | 89 | -0.56 (-0.63%) |
| Oct 17, 2025 | 85 | -4.56 (-5.09%) |
| Nov 21, 2025 | 85 | -4.56 (-5.09%) |
| Dec 19, 2025 | 89 | -0.56 (-0.63%) |
| Jan 16, 2026 | 92 | 2.44 (2.72%) |
| Feb 20, 2026 | 87 | -2.56 (-2.86%) |
| Mar 20, 2026 | 89 | -0.56 (-0.63%) |
| Jun 18, 2026 | 85 | -4.56 (-5.09%) |
| Dec 18, 2026 | 92 | 2.44 (2.72%) |
| Jan 15, 2027 | 87 | -2.56 (-2.86%) |
| Dec 17, 2027 | 85 | -4.56 (-5.09%) |