Bitcoin Depot Inc. (BTM)
Bitcoin Depot Max Pain By Strike
BTM trades at $3.85, 3.7% below the near-term max pain of $4 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($3-$4), reflecting growing call interest at higher strikes. Key magnetic zone at 4 where 4 expirations converge.
Bitcoin Depot Max Pain By Expiry
Max pain for BTM shows an upward trend from 3 to 4, suggesting bullish positioning in longer-dated options. The 27% spread signals divergent expectations across timeframes. Levels distributed around 3.85. Strong magnetic level at 4 (4 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 |
|---|---|---|
| Oct 17, 2025 | 4 | n/a (n/a) |
| Nov 21, 2025 | 4 | n/a (n/a) |
| Dec 19, 2025 | 4 | n/a (n/a) |
| Jan 16, 2026 | 3 | n/a (n/a) |
| Mar 20, 2026 | 4 | n/a (n/a) |
| Jan 15, 2027 | 3 | n/a (n/a) |