Consumer Discretionary Se... (XLY)
Consumer Discretionary Select Sector SPDR Fund Max Pain By Strike
XLY trades at $231.78, pinned near the near-term max pain of $232.5 expiring Sep 5, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($180-$245), signaling increased put positioning or downside protection. Key magnetic zone at 230 where 4 expirations converge.
Consumer Discretionary Select Sector SPDR Fund Max Pain By Expiry
Max pain for XLY shows a downward trend from 245 to 180, indicating bearish sentiment or hedging activity. The 29% spread signals divergent expectations across timeframes. Most levels below 231.78 may cap rallies. Strong magnetic level at 230 (4 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 5, 2025 | 232.5 | 0.72 (0.31%) |
| Sep 12, 2025 | 225 | -6.78 (-2.93%) |
| Sep 19, 2025 | 205 | -26.78 (-11.55%) |
| Sep 26, 2025 | 230 | -1.78 (-0.77%) |
| Oct 3, 2025 | 227.5 | -4.28 (-1.85%) |
| Oct 10, 2025 | 227.5 | -4.28 (-1.85%) |
| Oct 17, 2025 | 230 | -1.78 (-0.77%) |
| Dec 19, 2025 | 210 | -21.78 (-9.40%) |
| Jan 16, 2026 | 205 | -26.78 (-11.55%) |
| Mar 20, 2026 | 235 | 3.22 (1.39%) |
| Jun 18, 2026 | 230 | -1.78 (-0.77%) |
| Sep 18, 2026 | 180 | -51.78 (-22.34%) |
| Dec 18, 2026 | 245 | 13.22 (5.70%) |
| Jan 15, 2027 | 230 | -1.78 (-0.77%) |