Badger Meter Inc. (BMI)
Badger Meter Max Pain By Strike
BMI trades at $185.23, 2.5% below the near-term max pain of $190 expiring Sep 19, 2025 (23 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($170-$190), signaling increased put positioning or downside protection. Key magnetic zone at 190 where 3 expirations converge.
Badger Meter Max Pain By Expiry
Max pain for BMI shows a downward trend from 190 to 170, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Most levels above 185.23 could support dips. Strong magnetic level at 190 (3 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 | 190 | 4.77 (2.58%) |
| Oct 17, 2025 | 170 | -15.23 (-8.22%) |
| Nov 21, 2025 | 190 | 4.77 (2.58%) |
| Feb 20, 2026 | 190 | 4.77 (2.58%) |