Bath & Body Works Inc. (BBWI)
Bath & Body Works Max Pain By Strike
BBWI trades at $29.21, 2.6% below the near-term max pain of $30 expiring Sep 5, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($22-$30), reflecting growing call interest at higher strikes. Key magnetic zone at 30 where 8 expirations converge.
Bath & Body Works Max Pain By Expiry
Max pain for BBWI shows an upward trend from 22 to 30, suggesting bullish positioning in longer-dated options. The 28% spread signals divergent expectations across timeframes. Levels distributed around 29.21. Strong magnetic level at 30 (8 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 |
|---|---|---|
| Sep 5, 2025 | 30 | 0.79 (2.70%) |
| Sep 12, 2025 | 28 | -1.21 (-4.14%) |
| Sep 19, 2025 | 30 | 0.79 (2.70%) |
| Sep 26, 2025 | 30 | 0.79 (2.70%) |
| Oct 3, 2025 | 29 | -0.21 (-0.72%) |
| Oct 10, 2025 | 22 | -7.21 (-24.68%) |
| Oct 17, 2025 | 30 | 0.79 (2.70%) |
| Nov 21, 2025 | 27.5 | -1.71 (-5.85%) |
| Jan 16, 2026 | 30 | 0.79 (2.70%) |
| Feb 20, 2026 | 27.5 | -1.71 (-5.85%) |
| Mar 20, 2026 | 30 | 0.79 (2.70%) |
| Jun 18, 2026 | 30 | 0.79 (2.70%) |
| Jan 15, 2027 | 30 | 0.79 (2.70%) |