Given a convex function $\Phi:[0,1]\to\mathbb{R}$, the $\Phi$-stability of a Boolean function $f$ is $\mathbb{E}[\Phi(T_{\rho}f(\mathbf{X}))]$, where $\mathbf{X}$ is a random vector uniformly distributed on the discrete cube $\{\pm1\}^{n}$ and $T_{\rho}$ is the Bonami-Beckner operator. In this paper, we prove that dictator functions are locally optimal in maximizing the $\Phi$-stability of $f$ over all balanced Boolean functions. When focusing on the symmetric $q$-stability, combining this result with our previous bound, we use computer-assisted methods to prove that dictator functions maximize the symmetric $q$-stability for $q=1$ and $\rho\in[0,0.914]$ or for $q\in[1.36,2)$ and all $\rho\in[0,1]$. In other words, we confirm the (balanced) Courtade--Kumar conjecture with the correlation coefficient $\rho\in[0,0.914]$ and the (symmetrized) Li--M\'edard conjecture with $q\in[1.36,2)$. We conjecture that dictator functions maximize both the symmetric and asymmetric $\frac{1}{2}$-stability over all balanced Boolean functions. Our proofs are based on the majorization of noise operators and hypercontractivity inequalities.
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