Baxter International Inc. (BAX)
Baxter International Max Pain By Strike
BAX trades at $23.61, 2.7% above the near-term max pain of $23 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$55), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Baxter International Max Pain By Expiry
Max pain for BAX shows a downward trend from 55 to 20, indicating bearish sentiment or hedging activity. The 130% spread signals divergent expectations across timeframes. Most levels above 23.61 could support dips. Strong magnetic level at 25 (5 expirations). 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 |
|---|---|---|
| Aug 22, 2025 | 23 | -0.61 (-2.56%) |
| Aug 29, 2025 | 23 | -0.61 (-2.56%) |
| Sep 5, 2025 | 24 | 0.39 (1.67%) |
| Sep 12, 2025 | 23 | -0.61 (-2.56%) |
| Sep 19, 2025 | 27.5 | 3.89 (16.50%) |
| Sep 26, 2025 | 24 | 0.39 (1.67%) |
| Oct 17, 2025 | 25 | 1.39 (5.91%) |
| Nov 21, 2025 | 25 | 1.39 (5.91%) |
| Jan 16, 2026 | 30 | 6.39 (27.09%) |
| Feb 20, 2026 | 25 | 1.39 (5.91%) |
| Mar 20, 2026 | 30 | 6.39 (27.09%) |
| Jun 18, 2026 | 25 | 1.39 (5.91%) |
| Sep 18, 2026 | 25 | 1.39 (5.91%) |
| Dec 18, 2026 | 55 | 31.39 (133.00%) |
| Jan 15, 2027 | 20 | -3.61 (-15.27%) |