(XBIL)

XBIL trades at $50.08, 25.2% above the near-term max pain of $40 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$40), reflecting growing call interest at higher strikes. Key magnetic zone at 40 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for XBIL shows an upward trend from 7 to 40, suggesting bullish positioning in longer-dated options. The 99% spread signals divergent expectations across timeframes. Most levels below 50.08 may cap rallies. Strong magnetic level at 40 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.