Ballard Power Systems Inc... (BLDP)
Ballard Power Systems Max Pain By Strike
BLDP trades at $2, pinned near the near-term max pain of $2 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($0.5-$5600), signaling increased put positioning or downside protection. Key magnetic zone at 1 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Ballard Power Systems Max Pain By Expiry
Max pain for BLDP shows a downward trend from 5600 to 0.5, indicating bearish sentiment or hedging activity. The 687% spread signals divergent expectations across timeframes. Levels distributed around 2. 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 | 2 | 0.00 (0.25%) |
| Oct 17, 2025 | 0.5 | -1.50 (-74.94%) |
| Nov 21, 2025 | 1.5 | -0.50 (-24.81%) |
| Jan 16, 2026 | 55 | 53.01 (2656.89%) |
| Feb 20, 2026 | 1 | -1.00 (-49.87%) |
| Jun 18, 2026 | 5600 | 5598.01 (280601.75%) |
| Dec 18, 2026 | 47 | 45.01 (2255.89%) |