Credicorp Ltd. (BAP)

BAP trades at $266.25, 6.5% above the near-term max pain of $250 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($210-$250), signaling increased put positioning or downside protection. Key magnetic zone at 250 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BAP shows a downward trend from 250 to 210, indicating bearish sentiment or hedging activity. The 17% spread signals divergent expectations across timeframes. Most levels below 266.25 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.