(XSD)

XSD trades at $280.94, 12.4% above the near-term max pain of $250 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($225-$255), signaling increased put positioning or downside protection. Key magnetic zone at 225 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for XSD shows a downward trend from 255 to 225, indicating bearish sentiment or hedging activity. The 13% spread signals divergent expectations across timeframes. Most levels below 280.94 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.