(BBJP)

BBJP trades at $65.81, 21.9% above the near-term max pain of $54 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($54-$61), signaling increased put positioning or downside protection. Key magnetic zone at 54 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BBJP shows a downward trend from 61 to 54, indicating bearish sentiment or hedging activity. The 12% spread signals divergent expectations across timeframes. Most levels below 65.81 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.