abrdn Bloomberg All Commo... (BCD)
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Max Pain By Strike
BCD trades at $32.79, 17.1% above the near-term max pain of $28 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7-$83.33), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Max Pain By Expiry
Max pain for BCD shows a downward trend from 83.33 to 7, indicating bearish sentiment or hedging activity. The 221% spread signals divergent expectations across timeframes. Most levels below 32.79 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 | 28 | -4.79 (-14.61%) |
| Oct 17, 2025 | 30 | -2.79 (-8.51%) |
| Dec 19, 2025 | 29 | -3.79 (-11.56%) |
| Jan 16, 2026 | 7 | -25.79 (-78.65%) |
| Mar 20, 2026 | 30 | -2.79 (-8.51%) |
| Jan 1, 2031 | 83.33 | 50.54 (154.13%) |