(XOP)
Max Pain By Strike
XOP trades at $129.63, pinned near the near-term max pain of $130 expiring Sep 12, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($70-$143), indicating stable market expectations. Key magnetic zone at 130 where 6 expirations converge.
Max Pain By Expiry
Max pain for XOP shows stable levels around 127.31, reflecting balanced market expectations. The 57% spread signals divergent expectations across timeframes. Levels distributed around 129.63. Strong magnetic level at 130 (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 | 130 | 0.37 (0.29%) |
| Sep 19, 2025 | 130 | 0.37 (0.29%) |
| Sep 26, 2025 | 129.5 | -0.13 (-0.10%) |
| Oct 3, 2025 | 129 | -0.63 (-0.49%) |
| Oct 10, 2025 | 130.5 | 0.87 (0.67%) |
| Oct 17, 2025 | 127 | -2.63 (-2.03%) |
| Oct 24, 2025 | 70 | -59.63 (-46.00%) |
| Nov 21, 2025 | 130 | 0.37 (0.29%) |
| Dec 19, 2025 | 130 | 0.37 (0.29%) |
| Jan 16, 2026 | 135 | 5.37 (4.14%) |
| Mar 20, 2026 | 128 | -1.63 (-1.26%) |
| Jun 18, 2026 | 130 | 0.37 (0.29%) |
| Sep 18, 2026 | 125 | -4.63 (-3.57%) |
| Dec 18, 2026 | 143 | 13.37 (10.31%) |
| Jan 15, 2027 | 135 | 5.37 (4.14%) |
| Dec 17, 2027 | 135 | 5.37 (4.14%) |