(XSOE)
Max Pain By Strike
XSOE trades at $35.56, 18.5% above the near-term max pain of $30 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($24-$31), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for XSOE shows a downward trend from 31 to 24, indicating bearish sentiment or hedging activity. The 25% spread signals divergent expectations across timeframes. Most levels below 35.56 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 | 30 | -5.56 (-15.64%) |
| Oct 17, 2025 | 24 | -11.56 (-32.51%) |
| Jan 16, 2026 | 28 | -7.56 (-21.26%) |
| Apr 17, 2026 | 31 | -4.56 (-12.82%) |