(XME)
Max Pain By Strike
XME trades at $82.33, 9.8% above the near-term max pain of $75 expiring Sep 19, 2025 (17 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($58-$81), 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 XME shows a downward trend from 81 to 58, indicating bearish sentiment or hedging activity. The 32% spread signals divergent expectations across timeframes. Most levels below 82.33 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 | 75 | -7.33 (-8.90%) |
| Oct 17, 2025 | 79 | -3.33 (-4.04%) |
| Dec 19, 2025 | 67 | -15.33 (-18.62%) |
| Jan 16, 2026 | 80 | -2.33 (-2.83%) |
| Mar 20, 2026 | 81 | -1.33 (-1.62%) |
| Jun 18, 2026 | 70 | -12.33 (-14.98%) |
| Dec 18, 2026 | 65 | -17.33 (-21.05%) |
| Jan 15, 2027 | 58 | -24.33 (-29.55%) |