Blackbaud Inc. (BLKB)
Blackbaud Max Pain By Strike
BLKB trades at $64.31, pinned near the near-term max pain of $65 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($30-$65), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Blackbaud Max Pain By Expiry
Max pain for BLKB shows a downward trend from 65 to 30, indicating bearish sentiment or hedging activity. The 67% spread signals divergent expectations across timeframes. Most levels below 64.31 may cap rallies. 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 | 65 | 0.69 (1.07%) |
| Oct 17, 2025 | 30 | -34.31 (-53.35%) |
| Dec 19, 2025 | 60 | -4.31 (-6.70%) |
| Mar 20, 2026 | 55 | -9.31 (-14.48%) |