(XSOE)
Max Pain By Strike
XSOE trades at $37.3, 16.6% above the near-term max pain of $32 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($24-$35), 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 35 to 24, indicating bearish sentiment or hedging activity. The 37% spread signals divergent expectations across timeframes. Most levels below 37.3 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 | 32 | -5.30 (-14.21%) |
| Oct 17, 2025 | 24 | -13.30 (-35.66%) |
| Jan 16, 2026 | 28 | -9.30 (-24.93%) |
| Apr 17, 2026 | 35 | -2.30 (-6.17%) |