(XLF)
Max Pain By Strike
XLF trades at $52.58, pinned near the near-term max pain of $52 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($35-$55), indicating stable market expectations. Key magnetic zone at 51 where 6 expirations converge.
Max Pain By Expiry
Max pain for XLF shows stable levels around 50.05, reflecting balanced market expectations. The 40% spread signals divergent expectations across timeframes. Most levels below 52.58 may cap rallies. Strong magnetic level at 51 (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 | 52 | -0.58 (-1.10%) |
| Aug 22, 2025 | 53 | 0.42 (0.80%) |
| Aug 29, 2025 | 52.5 | -0.08 (-0.15%) |
| Sep 5, 2025 | 51.5 | -1.08 (-2.05%) |
| Sep 12, 2025 | 52.5 | -0.08 (-0.15%) |
| Sep 19, 2025 | 51 | -1.58 (-3.00%) |
| Sep 26, 2025 | 50.5 | -2.08 (-3.96%) |
| Sep 30, 2025 | 52 | -0.58 (-1.10%) |
| Oct 17, 2025 | 51 | -1.58 (-3.00%) |
| Nov 21, 2025 | 52 | -0.58 (-1.10%) |
| Dec 19, 2025 | 51 | -1.58 (-3.00%) |
| Dec 31, 2025 | 47 | -5.58 (-10.61%) |
| Jan 16, 2026 | 51 | -1.58 (-3.00%) |
| Mar 20, 2026 | 51 | -1.58 (-3.00%) |
| Mar 31, 2026 | 49 | -3.58 (-6.81%) |
| Jun 18, 2026 | 52 | -0.58 (-1.10%) |
| Jun 30, 2026 | 55 | 2.42 (4.60%) |
| Sep 18, 2026 | 35 | -17.58 (-33.43%) |
| Dec 18, 2026 | 45 | -7.58 (-14.42%) |
| Jan 15, 2027 | 50 | -2.58 (-4.91%) |
| Dec 17, 2027 | 47 | -5.58 (-10.61%) |