Bausch Health Companies I... (BHC)
Bausch Health Companies Max Pain By Strike
BHC trades at $7.41, 5.9% above the near-term max pain of $7 expiring Sep 5, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$10), reflecting growing call interest at higher strikes. Key magnetic zone at 7 where 8 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Bausch Health Companies Max Pain By Expiry
Max pain for BHC shows an upward trend from 1 to 10, suggesting bullish positioning in longer-dated options. The 133% spread signals divergent expectations across timeframes. Most levels below 7.41 may cap rallies. Strong magnetic level at 7 (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 | 7 | -0.41 (-5.53%) |
| Sep 12, 2025 | 7 | -0.41 (-5.53%) |
| Sep 19, 2025 | 7 | -0.41 (-5.53%) |
| Sep 26, 2025 | 7 | -0.41 (-5.53%) |
| Oct 3, 2025 | 8 | 0.59 (7.96%) |
| Oct 10, 2025 | 1 | -6.41 (-86.50%) |
| Oct 17, 2025 | 7 | -0.41 (-5.53%) |
| Dec 19, 2025 | 7 | -0.41 (-5.53%) |
| Jan 16, 2026 | 6 | -1.41 (-19.03%) |
| Apr 17, 2026 | 7 | -0.41 (-5.53%) |
| Jan 15, 2027 | 7 | -0.41 (-5.53%) |
| Dec 17, 2027 | 10 | 2.59 (34.95%) |