Blackstone Mortgage Trust... (BXMT)
Blackstone Mortgage Trust Max Pain By Strike
BXMT trades at $19.52, 2.7% above the near-term max pain of $19 expiring Sep 19, 2025 (27 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($17-$20), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 2 expirations converge.
Blackstone Mortgage Trust Max Pain By Expiry
Max pain for BXMT shows an upward trend from 17 to 20, suggesting bullish positioning in longer-dated options. The 16% spread signals divergent expectations across timeframes. Levels distributed around 19.52. 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 | 19 | -0.52 (-2.69%) |
| Oct 17, 2025 | 20 | 0.48 (2.43%) |
| Jan 16, 2026 | 18 | -1.52 (-7.81%) |
| Apr 17, 2026 | 20 | 0.48 (2.43%) |
| Jan 15, 2027 | 17 | -2.52 (-12.93%) |