Financial Select Sector S... (XLF)
Financial Select Sector SPDR Fund Max Pain By Strike
XLF trades at $53.85, pinned near the near-term max pain of $54 expiring Sep 30, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($47-$55), indicating stable market expectations. Key magnetic zone at 54 where 7 expirations converge.
Financial Select Sector SPDR Fund Max Pain By Expiry
Max pain for XLF shows stable levels around 52.13, reflecting balanced market expectations. The 15% spread signals divergent expectations across timeframes. Most levels below 53.85 may cap rallies. Strong magnetic level at 54 (7 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 30, 2025 | 54 | n/a (n/a) |
| Oct 3, 2025 | 54 | n/a (n/a) |
| Oct 10, 2025 | 53.5 | n/a (n/a) |
| Oct 17, 2025 | 53 | n/a (n/a) |
| Oct 24, 2025 | 53 | n/a (n/a) |
| Oct 31, 2025 | 53.5 | n/a (n/a) |
| Nov 7, 2025 | 53.5 | n/a (n/a) |
| Nov 21, 2025 | 54 | n/a (n/a) |
| Dec 19, 2025 | 51 | n/a (n/a) |
| Dec 31, 2025 | 47 | n/a (n/a) |
| Jan 16, 2026 | 52 | n/a (n/a) |
| Mar 20, 2026 | 52 | n/a (n/a) |
| Mar 31, 2026 | 50 | n/a (n/a) |
| Jun 18, 2026 | 53 | n/a (n/a) |
| Jun 30, 2026 | 55 | n/a (n/a) |
| Sep 18, 2026 | 54 | n/a (n/a) |
| Dec 18, 2026 | 48 | n/a (n/a) |
| Jan 15, 2027 | 50 | n/a (n/a) |
| Dec 17, 2027 | 50 | n/a (n/a) |
| Jan 21, 2028 | 52 | n/a (n/a) |