Banco Bradesco S.A. (BBD)

BBD trades at $3.29, 17.8% below the near-term max pain of $4 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$55), 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.

Max pain for BBD shows a downward trend from 55 to 2.5, indicating bearish sentiment or hedging activity. The 500% spread signals divergent expectations across timeframes. Levels distributed around 3.29. Strong magnetic level at 3 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.