(XLY)
Max Pain By Strike
XLY trades at $235.6, 2.4% above the near-term max pain of $230 expiring Sep 12, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($200-$245), indicating stable market expectations. Key magnetic zone at 230 where 6 expirations converge.
Max Pain By Expiry
Max pain for XLY shows stable levels around 224.11, reflecting balanced market expectations. The 20% spread signals divergent expectations across timeframes. Most levels below 235.6 may cap rallies. Strong magnetic level at 230 (6 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 | 230 | -5.60 (-2.38%) |
| Sep 19, 2025 | 210 | -25.60 (-10.87%) |
| Sep 26, 2025 | 230 | -5.60 (-2.38%) |
| Oct 3, 2025 | 225 | -10.60 (-4.50%) |
| Oct 10, 2025 | 225 | -10.60 (-4.50%) |
| Oct 17, 2025 | 230 | -5.60 (-2.38%) |
| Oct 24, 2025 | 232.5 | -3.10 (-1.32%) |
| Dec 19, 2025 | 210 | -25.60 (-10.87%) |
| Jan 16, 2026 | 210 | -25.60 (-10.87%) |
| Mar 20, 2026 | 230 | -5.60 (-2.38%) |
| Jun 18, 2026 | 230 | -5.60 (-2.38%) |
| Sep 18, 2026 | 200 | -35.60 (-15.11%) |
| Dec 18, 2026 | 245 | 9.40 (3.99%) |
| Jan 15, 2027 | 230 | -5.60 (-2.38%) |