(GBTC)
Max Pain By Strike
GBTC trades at $88.78, pinned near the near-term max pain of $90.5 expiring Aug 22, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($66-$92), reflecting growing call interest at higher strikes. Key magnetic zone at 88 where 2 expirations converge.
Max Pain By Expiry
Max pain for GBTC shows an upward trend from 66 to 92, suggesting bullish positioning in longer-dated options. The 31% spread signals divergent expectations across timeframes. Levels distributed around 88.78. 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 |
|---|---|---|
| Aug 22, 2025 | 90.5 | 1.72 (1.94%) |
| Aug 29, 2025 | 92 | 3.22 (3.63%) |
| Sep 5, 2025 | 87 | -1.78 (-2.00%) |
| Sep 12, 2025 | 89 | 0.22 (0.25%) |
| Sep 19, 2025 | 83 | -5.78 (-6.51%) |
| Sep 26, 2025 | 91.5 | 2.72 (3.06%) |
| Oct 17, 2025 | 88 | -0.78 (-0.88%) |
| Dec 19, 2025 | 66 | -22.78 (-25.66%) |
| Jan 16, 2026 | 80 | -8.78 (-9.89%) |
| Mar 20, 2026 | 88 | -0.78 (-0.88%) |
| Jan 15, 2027 | 70 | -18.78 (-21.15%) |