Banc of California Inc. (BANC)
Banc of California Max Pain By Strike
BANC trades at $15.73, 4.9% above the near-term max pain of $15 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12.5-$15), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 2 expirations converge.
Banc of California Max Pain By Expiry
Max pain for BANC shows a downward trend from 15 to 12.5, indicating bearish sentiment or hedging activity. The 18% spread signals divergent expectations across timeframes. Most levels below 15.73 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 | 15 | -0.73 (-4.63%) |
| Oct 17, 2025 | 12.5 | -3.23 (-20.53%) |
| Jan 16, 2026 | 12.5 | -3.23 (-20.53%) |
| Apr 17, 2026 | 15 | -0.73 (-4.63%) |