(XLK)

XLK trades at $284.7, pinned near the near-term max pain of $280 expiring Oct 10, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($215-$290), indicating stable market expectations. Key magnetic zone at 280 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for XLK shows stable levels around 260.74, reflecting balanced market expectations. The 29% spread signals divergent expectations across timeframes. Most levels below 284.7 may cap rallies. Strong magnetic level at 280 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.