XLF Max Pain
XLF $56.02 · Updated Oct 26, 4:00 PM ET
XLF max pain for Oct 28, 2026 (2 days out) is $56.00, 0.0% below the current $56.02. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $55.50.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Oct 28, 2026 | 2 | $56.00 | -0.0% | 2,299 | 6,478 |
| Oct 30, 2026 | 4 | $56.00 | -0.0% | 29,062 | 53,201 |
| Nov 2, 2026 | 7 | $55.50 | -0.9% | 190 | 5,548 |
| Nov 4, 2026 | 9 | $56.00 | -0.0% | 630 | 665 |
| Nov 6, 2026 | 11 | $55.00 | -1.8% | 14,092 | 17,462 |
| Nov 9, 2026 | 14 | $41.00 | -26.8% | 0 | 0 |
| Nov 13, 2026 | 18 | $55.00 | -1.8% | 8,887 | 9,959 |
| Nov 20, 2026 | 25 | $56.00 | -0.0% | 453,279 | 679,926 |
| Nov 27, 2026 | 32 | $55.50 | -0.9% | 2,732 | 3,187 |
| Dec 4, 2026 | 39 | $56.50 | +0.9% | 33 | 180 |
| Dec 18, 2026 | 53 | $54.00 | -3.6% | 421,188 | 514,134 |
| Dec 31, 2026 | 66 | $53.00 | -5.4% | 19,732 | 2,404 |
How this is calculated: Max Pain methodology