(XOP)
Max Pain By Strike
XOP trades at $122.92, pinned near the near-term max pain of $125 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($65-$143), indicating stable market expectations. Key magnetic zone at 125 where 7 expirations converge.
Max Pain By Expiry
Max pain for XOP shows stable levels around 125.25, reflecting balanced market expectations. The 62% spread signals divergent expectations across timeframes. Most levels above 122.92 could support dips. Strong magnetic level at 125 (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 22, 2025 | 125 | 2.08 (1.69%) |
| Aug 29, 2025 | 127 | 4.08 (3.32%) |
| Sep 5, 2025 | 125 | 2.08 (1.69%) |
| Sep 12, 2025 | 125 | 2.08 (1.69%) |
| Sep 19, 2025 | 130 | 7.08 (5.76%) |
| Sep 26, 2025 | 125 | 2.08 (1.69%) |
| Oct 17, 2025 | 125 | 2.08 (1.69%) |
| Nov 21, 2025 | 125 | 2.08 (1.69%) |
| Dec 19, 2025 | 125 | 2.08 (1.69%) |
| Jan 16, 2026 | 135 | 12.08 (9.83%) |
| Mar 20, 2026 | 129 | 6.08 (4.95%) |
| Jun 18, 2026 | 130 | 7.08 (5.76%) |
| Sep 18, 2026 | 65 | -57.92 (-47.12%) |
| Dec 18, 2026 | 143 | 20.08 (16.34%) |
| Jan 15, 2027 | 135 | 12.08 (9.83%) |
| Dec 17, 2027 | 135 | 12.08 (9.83%) |