(XLV)

XLV trades at $144.8, 6.5% above the near-term max pain of $136 expiring Oct 10, 2025 (4 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($95-$142), indicating stable market expectations. Key magnetic zone at 135 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for XLV shows stable levels around 133.81, reflecting balanced market expectations. The 35% spread signals divergent expectations across timeframes. Most levels below 144.8 may cap rallies. Strong magnetic level at 135 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.