Popular Inc. (BPOP)
Popular Max Pain By Strike
BPOP trades at $121.94, 6.0% above the near-term max pain of $115 expiring Sep 19, 2025 (25 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($90-$120), signaling increased put positioning or downside protection. Key magnetic zone at 115 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Popular Max Pain By Expiry
Max pain for BPOP shows a downward trend from 120 to 90, indicating bearish sentiment or hedging activity. The 27% spread signals divergent expectations across timeframes. Most levels below 121.94 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 | 115 | -6.94 (-5.69%) |
| Oct 17, 2025 | 90 | -31.94 (-26.19%) |
| Jan 16, 2026 | 115 | -6.94 (-5.69%) |
| Apr 17, 2026 | 120 | -1.94 (-1.59%) |