(BCD)
Max Pain By Strike
BCD trades at $33.15, 18.4% above the near-term max pain of $28 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7-$83.33), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for BCD shows a downward trend from 83.33 to 7, indicating bearish sentiment or hedging activity. The 221% spread signals divergent expectations across timeframes. Most levels below 33.15 may cap rallies. 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 19, 2025 | 28 | -5.15 (-15.54%) |
| Oct 17, 2025 | 30 | -3.15 (-9.50%) |
| Dec 19, 2025 | 29 | -4.15 (-12.52%) |
| Jan 16, 2026 | 7 | -26.15 (-78.88%) |
| Mar 20, 2026 | 30 | -3.15 (-9.50%) |
| Jan 1, 2031 | 83.33 | 50.18 (151.37%) |