(XLV)
Max Pain By Strike
XLV trades at $136.44, pinned near the near-term max pain of $135 expiring Aug 29, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($95-$140), indicating stable market expectations. Key magnetic zone at 135 where 7 expirations converge.
Max Pain By Expiry
Max pain for XLV shows stable levels around 132.34, reflecting balanced market expectations. The 34% spread signals divergent expectations across timeframes. Most levels below 136.44 may cap rallies. Strong magnetic level at 135 (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 |
|---|---|---|
| Aug 29, 2025 | 135 | -1.44 (-1.06%) |
| Sep 5, 2025 | 137 | 0.56 (0.41%) |
| Sep 12, 2025 | 133 | -3.44 (-2.52%) |
| Sep 19, 2025 | 135 | -1.44 (-1.06%) |
| Sep 26, 2025 | 134 | -2.44 (-1.79%) |
| Oct 3, 2025 | 137.5 | 1.06 (0.78%) |
| Oct 10, 2025 | 123 | -13.44 (-9.85%) |
| Oct 17, 2025 | 135 | -1.44 (-1.06%) |
| Nov 21, 2025 | 135 | -1.44 (-1.06%) |
| Dec 19, 2025 | 136 | -0.44 (-0.32%) |
| Jan 16, 2026 | 137 | 0.56 (0.41%) |
| Mar 20, 2026 | 135 | -1.44 (-1.06%) |
| Jun 18, 2026 | 135 | -1.44 (-1.06%) |
| Sep 18, 2026 | 140 | 3.56 (2.61%) |
| Dec 18, 2026 | 95 | -41.44 (-30.37%) |
| Jan 15, 2027 | 135 | -1.44 (-1.06%) |