Baker Hughes (BKR)
Baker Hughes Max Pain By Strike
BKR trades at $42.85, 2.0% above the near-term max pain of $42 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($38-$45), reflecting growing call interest at higher strikes. Key magnetic zone at 40 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Baker Hughes Max Pain By Expiry
Max pain for BKR shows an upward trend from 38 to 45, suggesting bullish positioning in longer-dated options. The 17% spread signals divergent expectations across timeframes. Most levels below 42.85 may cap rallies. Strong magnetic level at 40 (6 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 19, 2025 | 42 | -0.85 (-1.98%) |
| Oct 17, 2025 | 40 | -2.85 (-6.65%) |
| Nov 21, 2025 | 45 | 2.15 (5.02%) |
| Dec 19, 2025 | 42 | -0.85 (-1.98%) |
| Jan 16, 2026 | 40 | -2.85 (-6.65%) |
| Feb 20, 2026 | 40 | -2.85 (-6.65%) |
| Mar 20, 2026 | 40 | -2.85 (-6.65%) |
| Apr 17, 2026 | 38 | -4.85 (-11.32%) |
| Jun 18, 2026 | 42 | -0.85 (-1.98%) |
| Sep 18, 2026 | 45 | 2.15 (5.02%) |
| Dec 18, 2026 | 40 | -2.85 (-6.65%) |
| Jan 15, 2027 | 40 | -2.85 (-6.65%) |