(XME)
Max Pain By Strike
XME trades at $79.78, 22.7% above the near-term max pain of $65 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($58-$80), signaling increased put positioning or downside protection. Key magnetic zone at 65 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for XME shows a downward trend from 80 to 58, indicating bearish sentiment or hedging activity. The 31% spread signals divergent expectations across timeframes. Most levels below 79.78 may cap rallies. 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 19, 2025 | 65 | -14.78 (-18.53%) |
| Oct 17, 2025 | 80 | 0.22 (0.27%) |
| Dec 19, 2025 | 67 | -12.78 (-16.02%) |
| Jan 16, 2026 | 80 | 0.22 (0.27%) |
| Mar 20, 2026 | 79 | -0.78 (-0.98%) |
| Jun 18, 2026 | 70 | -9.78 (-12.26%) |
| Dec 18, 2026 | 65 | -14.78 (-18.53%) |
| Jan 15, 2027 | 58 | -21.78 (-27.30%) |