(XLI)
Max Pain By Strike
XLI trades at $150.93, pinned near the near-term max pain of $151 expiring Sep 12, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($80-$154), indicating stable market expectations. Key magnetic zone at 150 where 4 expirations converge.
Max Pain By Expiry
Max pain for XLI shows stable levels around 141.23, reflecting balanced market expectations. The 52% spread signals divergent expectations across timeframes. Most levels below 150.93 may cap rallies. Strong magnetic level at 150 (4 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 |
|---|---|---|
| Sep 12, 2025 | 151 | 0.07 (0.05%) |
| Sep 19, 2025 | 150 | -0.93 (-0.62%) |
| Sep 26, 2025 | 154 | 3.07 (2.03%) |
| Oct 3, 2025 | 152 | 1.07 (0.71%) |
| Oct 10, 2025 | 149 | -1.93 (-1.28%) |
| Oct 17, 2025 | 150 | -0.93 (-0.62%) |
| Oct 24, 2025 | 80 | -70.93 (-47.00%) |
| Dec 19, 2025 | 140 | -10.93 (-7.24%) |
| Jan 16, 2026 | 140 | -10.93 (-7.24%) |
| Mar 20, 2026 | 150 | -0.93 (-0.62%) |
| Jun 18, 2026 | 150 | -0.93 (-0.62%) |
| Dec 18, 2026 | 130 | -20.93 (-13.87%) |
| Jan 15, 2027 | 140 | -10.93 (-7.24%) |