(XLV)
Max Pain By Strike
XLV trades at $137.91, pinned near the near-term max pain of $137 expiring Sep 12, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($95-$140), indicating stable market expectations. Key magnetic zone at 135 where 4 expirations converge.
Max Pain By Expiry
Max pain for XLV shows stable levels around 133.47, reflecting balanced market expectations. The 34% spread signals divergent expectations across timeframes. Most levels below 137.91 may cap rallies. Strong magnetic level at 135 (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 | 137 | -0.91 (-0.66%) |
| Sep 19, 2025 | 135 | -2.91 (-2.11%) |
| Sep 26, 2025 | 134 | -3.91 (-2.84%) |
| Oct 3, 2025 | 137.5 | -0.41 (-0.30%) |
| Oct 10, 2025 | 137.5 | -0.41 (-0.30%) |
| Oct 17, 2025 | 136 | -1.91 (-1.38%) |
| Oct 24, 2025 | 136 | -1.91 (-1.38%) |
| Nov 21, 2025 | 135 | -2.91 (-2.11%) |
| Dec 19, 2025 | 132 | -5.91 (-4.29%) |
| Jan 16, 2026 | 137 | -0.91 (-0.66%) |
| Mar 20, 2026 | 135 | -2.91 (-2.11%) |
| Jun 18, 2026 | 135 | -2.91 (-2.11%) |
| Sep 18, 2026 | 140 | 2.09 (1.52%) |
| Dec 18, 2026 | 95 | -42.91 (-31.11%) |
| Jan 15, 2027 | 140 | 2.09 (1.52%) |