(XSHQ)

XSHQ trades at $44.3, 23.1% above the near-term max pain of $36 expiring Sep 19, 2025 (27 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($36-$38), signaling increased put positioning or downside protection. Key magnetic zone at 36 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for XSHQ shows a downward trend from 38 to 36, indicating bearish sentiment or hedging activity. The 5% spread suggests strong consensus on fair value. Most levels below 44.3 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.