BlackBerry Limited (BB)
BlackBerry Max Pain By Strike
BB trades at $3.85, 10.0% above the near-term max pain of $3.5 expiring Aug 29, 2025 (2 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$4.5), signaling increased put positioning or downside protection. Key magnetic zone at 4 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
BlackBerry Max Pain By Expiry
Max pain for BB shows a downward trend from 4.5 to 2.5, indicating bearish sentiment or hedging activity. The 59% spread signals divergent expectations across timeframes. Most levels below 3.85 may cap rallies. Strong magnetic level at 4 (6 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 29, 2025 | 3.5 | -0.35 (-9.21%) |
| Sep 5, 2025 | 3.5 | -0.35 (-9.21%) |
| Sep 12, 2025 | 3.5 | -0.35 (-9.21%) |
| Sep 19, 2025 | 4 | 0.15 (3.76%) |
| Sep 26, 2025 | 3.5 | -0.35 (-9.21%) |
| Oct 3, 2025 | 3.5 | -0.35 (-9.21%) |
| Oct 17, 2025 | 3 | -0.85 (-22.18%) |
| Dec 19, 2025 | 4.5 | 0.65 (16.73%) |
| Jan 16, 2026 | 3 | -0.85 (-22.18%) |
| Mar 20, 2026 | 2.5 | -1.35 (-35.15%) |
| Jan 15, 2027 | 3 | -0.85 (-22.18%) |