Baxter International Inc. (BAX)

BAX trades at $21.96, 4.5% below the near-term max pain of $23 expiring Oct 3, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($20-$55), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BAX shows an upward trend from 20 to 55, suggesting bullish positioning in longer-dated options. The 136% spread signals divergent expectations across timeframes. Most levels above 21.96 could support dips. Strong magnetic level at 25 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.