(XSHD)

XSHD trades at $13.29, 10.7% above the near-term max pain of $12 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($10-$410), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for XSHD shows a downward trend from 410 to 10, indicating bearish sentiment or hedging activity. The 440% spread signals divergent expectations across timeframes. Most levels below 13.29 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.