(XLV)
Max Pain By Strike
XLV trades at $136.22, 2.4% above the near-term max pain of $133 expiring Aug 15, 2025 (-1 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($70-$140), indicating stable market expectations. Key magnetic zone at 132 where 4 expirations converge.
Max Pain By Expiry
Max pain for XLV shows stable levels around 127.31, reflecting balanced market expectations. The 55% spread signals divergent expectations across timeframes. Most levels below 136.22 may cap rallies. Strong magnetic level at 132 (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 |
|---|---|---|
| Aug 15, 2025 | 133 | -3.22 (-2.36%) |
| Aug 22, 2025 | 131.5 | -4.72 (-3.46%) |
| Aug 29, 2025 | 132 | -4.22 (-3.09%) |
| Sep 5, 2025 | 130 | -6.22 (-4.56%) |
| Sep 12, 2025 | 131.5 | -4.72 (-3.46%) |
| Sep 19, 2025 | 135 | -1.22 (-0.89%) |
| Sep 26, 2025 | 132 | -4.22 (-3.09%) |
| Oct 17, 2025 | 135 | -1.22 (-0.89%) |
| Nov 21, 2025 | 135 | -1.22 (-0.89%) |
| Dec 19, 2025 | 136 | -0.22 (-0.16%) |
| Jan 16, 2026 | 136 | -0.22 (-0.16%) |
| Mar 20, 2026 | 130 | -6.22 (-4.56%) |
| Jun 18, 2026 | 135 | -1.22 (-0.89%) |
| Sep 18, 2026 | 70 | -66.22 (-48.61%) |
| Dec 18, 2026 | 95 | -41.22 (-30.26%) |
| Jan 15, 2027 | 140 | 3.78 (2.78%) |