(XTN)

XTN trades at $85.26, 5.3% above the near-term max pain of $81 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($74-$81), signaling increased put positioning or downside protection. Key magnetic zone at 81 where 2 expirations converge.

Max pain for XTN shows a downward trend from 81 to 74, indicating bearish sentiment or hedging activity. The 9% spread suggests strong consensus on fair value. Most levels below 85.26 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.