Barings BDC Inc. (BBDC)

BBDC trades at $8.62, 13.8% below the near-term max pain of $10 expiring Oct 17, 2025 (13 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BBDC shows a downward trend from 95 to 2.5, indicating bearish sentiment or hedging activity. The 363% spread signals divergent expectations across timeframes. Most levels above 8.62 could support dips. Strong magnetic level at 10 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.