Banco de Chile (BCH)

BCH trades at $29.01, 93.4% above the near-term max pain of $15 expiring Sep 19, 2025 (25 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$95), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BCH shows a downward trend from 95 to 15, indicating bearish sentiment or hedging activity. The 222% spread signals divergent expectations across timeframes. Levels distributed around 29.01. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.