Banco Bradesco S.A. (BBD)
Banco Bradesco S.A. Max Pain By Strike
BBD trades at $2.97, 18.8% above the near-term max pain of $2.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($0.5-$55), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Banco Bradesco S.A. Max Pain By Expiry
Max pain for BBD shows a downward trend from 55 to 0.5, indicating bearish sentiment or hedging activity. The 610% spread signals divergent expectations across timeframes. Levels distributed around 2.97. Strong magnetic level at 3 (6 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 |
|---|---|---|
| Aug 15, 2025 | 2.5 | -0.47 (-15.82%) |
| Sep 19, 2025 | 2.5 | -0.47 (-15.82%) |
| Oct 17, 2025 | 0.5 | -2.47 (-83.16%) |
| Dec 19, 2025 | 3 | 0.03 (1.01%) |
| Jan 16, 2026 | 2.5 | -0.47 (-15.82%) |
| Mar 20, 2026 | 3 | 0.03 (1.01%) |
| Dec 18, 2026 | 55 | 52.03 (1751.85%) |
| Jan 15, 2027 | 2.5 | -0.47 (-15.82%) |