Ballard Power Systems Inc... (BLDP)

BLDP trades at $3.53, 17.7% above the near-term max pain of $3 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($1-$5600), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BLDP shows a downward trend from 5600 to 1, indicating bearish sentiment or hedging activity. The 686% spread signals divergent expectations across timeframes. Levels distributed around 3.53. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.