(XBI)

XBI trades at $103.73, 2.7% above the near-term max pain of $101 expiring Oct 10, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($55-$101), reflecting growing call interest at higher strikes. Key magnetic zone at 90 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for XBI shows an upward trend from 55 to 101, suggesting bullish positioning in longer-dated options. The 51% spread signals divergent expectations across timeframes. Most levels below 103.73 may cap rallies. Strong magnetic level at 90 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.