Old Second Bancorp Inc. (OSBC)
Old Second Bancorp Max Pain By Strike
OSBC trades at $17.48, 599.2% above the near-term max pain of $2.5 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$17.5), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Old Second Bancorp Max Pain By Expiry
Max pain for OSBC shows a downward trend from 17.5 to 2.5, indicating bearish sentiment or hedging activity. The 268% spread signals divergent expectations across timeframes. Most levels below 17.48 may cap rallies. Strong magnetic level at 3 (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 |
---|---|---|
Sep 19, 2025 | 2.5 | -14.98 (-85.69%) |
Oct 17, 2025 | 2.5 | -14.98 (-85.69%) |
Dec 19, 2025 | 2.5 | -14.98 (-85.69%) |
Jan 16, 2026 | 3 | -14.48 (-82.83%) |
Mar 20, 2026 | 17.5 | 0.02 (0.14%) |