(XSHD)

XSHD trades at $13.87, 15.6% above the near-term max pain of $12 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($11-$410), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for XSHD shows a downward trend from 410 to 11, indicating bearish sentiment or hedging activity. The 435% spread signals divergent expectations across timeframes. Most levels below 13.87 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.