VanEck BDC Income ETF (BIZD)

BIZD trades at $14.35, 10.3% below the near-term max pain of $16 expiring Oct 17, 2025 (11 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($9-$16), signaling increased put positioning or downside protection. Key magnetic zone at 16 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BIZD shows a downward trend from 16 to 9, indicating bearish sentiment or hedging activity. The 49% spread signals divergent expectations across timeframes. Levels distributed around 14.35. Strong magnetic level at 16 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.