Bank of Montreal (BMO)
Bank of Montreal Max Pain By Strike
BMO trades at $113.14, pinned near the near-term max pain of $115 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($95-$115), reflecting growing call interest at higher strikes. Key magnetic zone at 115 where 3 expirations converge.
Bank of Montreal Max Pain By Expiry
Max pain for BMO shows an upward trend from 95 to 115, suggesting bullish positioning in longer-dated options. The 18% spread signals divergent expectations across timeframes. Levels distributed around 113.14. Strong magnetic level at 115 (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 | 115 | 1.86 (1.64%) |
| Oct 17, 2025 | 115 | 1.86 (1.64%) |
| Dec 19, 2025 | 105 | -8.14 (-7.20%) |
| Jan 16, 2026 | 95 | -18.14 (-16.04%) |
| Mar 20, 2026 | 115 | 1.86 (1.64%) |
| Jan 15, 2027 | 110 | -3.14 (-2.78%) |