Barings BDC Inc. (BBDC)
Barings BDC Max Pain By Strike
BBDC trades at $9.54, 4.6% below the near-term max pain of $10 expiring Aug 15, 2025 (-1 days). Price stability likely with balanced options positioning at this level. 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.
Barings BDC Max Pain By Expiry
Max pain for BBDC shows a downward trend from 95 to 2.5, indicating bearish sentiment or hedging activity. The 411% spread signals divergent expectations across timeframes. Levels distributed around 9.54. Strong magnetic level at 10 (3 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 | 10 | 0.46 (4.77%) |
| Sep 19, 2025 | 10 | 0.46 (4.77%) |
| Oct 17, 2025 | 2.5 | -7.04 (-73.81%) |
| Dec 19, 2025 | 7.5 | -2.04 (-21.42%) |
| Jan 16, 2026 | 95 | 85.45 (895.29%) |
| Mar 20, 2026 | 10 | 0.46 (4.77%) |