Brandywine Realty Trust (BDN)
Brandywine Realty Trust Max Pain By Strike
BDN trades at $4.1, 2.5% above the near-term max pain of $4 expiring Sep 19, 2025 (26 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($4-$95), signaling increased put positioning or downside protection. Key magnetic zone at 4 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Brandywine Realty Trust Max Pain By Expiry
Max pain for BDN shows a downward trend from 95 to 4, indicating bearish sentiment or hedging activity. The 403% spread signals divergent expectations across timeframes. Levels distributed around 4.1. 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 | 4 | -0.10 (-2.44%) |
| Oct 17, 2025 | 5 | 0.90 (21.95%) |
| Jan 16, 2026 | 5 | 0.90 (21.95%) |
| Apr 17, 2026 | 4 | -0.10 (-2.44%) |
| Dec 18, 2026 | 95 | 90.90 (2217.07%) |