JPMorgan BetaBuilders Dev... (BBAX)
JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Max Pain By Strike
BBAX trades at $56.04, 14.4% above the near-term max pain of $49 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($47-$52), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Max Pain By Expiry
Max pain for BBAX shows a downward trend from 52 to 47, indicating bearish sentiment or hedging activity. The 10% spread signals divergent expectations across timeframes. Most levels below 56.04 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 49 | -7.04 (-12.56%) |
| Oct 17, 2025 | 51 | -5.04 (-8.99%) |
| Jan 16, 2026 | 47 | -9.04 (-16.13%) |
| Apr 17, 2026 | 52 | -4.04 (-7.21%) |