(XBI)
Max Pain By Strike
XBI trades at $93.64, 4.6% above the near-term max pain of $89.5 expiring Sep 5, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($85-$92), indicating stable market expectations. Key magnetic zone at 85 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for XBI shows stable levels around 88.13, reflecting balanced market expectations. The 8% spread suggests strong consensus on fair value. Most levels below 93.64 may cap rallies. Strong magnetic level at 85 (3 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 | 89.5 | -4.14 (-4.42%) |
| Sep 12, 2025 | 89.5 | -4.14 (-4.42%) |
| Sep 19, 2025 | 86 | -7.64 (-8.16%) |
| Sep 26, 2025 | 88 | -5.64 (-6.02%) |
| Oct 3, 2025 | 88 | -5.64 (-6.02%) |
| Oct 10, 2025 | 88 | -5.64 (-6.02%) |
| Oct 17, 2025 | 87 | -6.64 (-7.09%) |
| Nov 21, 2025 | 85 | -8.64 (-9.23%) |
| Dec 19, 2025 | 89 | -4.64 (-4.96%) |
| Jan 16, 2026 | 92 | -1.64 (-1.75%) |
| Feb 20, 2026 | 89 | -4.64 (-4.96%) |
| Mar 20, 2026 | 90 | -3.64 (-3.89%) |
| Jun 18, 2026 | 85 | -8.64 (-9.23%) |
| Dec 18, 2026 | 92 | -1.64 (-1.75%) |
| Jan 15, 2027 | 87 | -6.64 (-7.09%) |
| Dec 17, 2027 | 85 | -8.64 (-9.23%) |