(BBP)
Max Pain By Strike
BBP trades at $68.22, 19.7% above the near-term max pain of $57 expiring Sep 19, 2025 (25 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($49-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for BBP shows a downward trend from 95 to 49, indicating bearish sentiment or hedging activity. The 70% spread signals divergent expectations across timeframes. Levels distributed around 68.22. 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 |
|---|---|---|
| Sep 19, 2025 | 57 | -11.22 (-16.45%) |
| Oct 17, 2025 | 50 | -18.22 (-26.71%) |
| Jan 16, 2026 | 49 | -19.22 (-28.17%) |
| Apr 17, 2026 | 59 | -9.22 (-13.52%) |
| Dec 18, 2026 | 95 | 26.78 (39.26%) |
| Jan 1, 2031 | 83.33 | 15.11 (22.15%) |