Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY) Max Pain Analysis
Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.
Roundhill Investments - S&P 500 Target 20 Managed Distribution ETF (XPAY) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $97.6M, listed on AMEX, carrying a beta of 1.00 to the broader market. The Roundhill S&P 500 Target 20 Managed Distribution ETF (“XPAY”) is designed to pay monthly return of capital distributions to shareholders at an annualized rate of twenty percent, while providing exposure to the S&P 500. public since 2024-08-13.
Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for XPAY as of 2026-06-02; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.