Bath & Body Works Inc. (BBWI)
Bath & Body Works Max Pain By Strike
BBWI trades at $28.7, 4.3% below the near-term max pain of $30 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($26-$32.5), indicating stable market expectations. Key magnetic zone at 30 where 5 expirations converge.
Bath & Body Works Max Pain By Expiry
Max pain for BBWI shows stable levels around 29.21, reflecting balanced market expectations. The 22% spread signals divergent expectations across timeframes. Levels distributed around 28.7. Strong magnetic level at 30 (5 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 | 30 | 1.30 (4.53%) |
| Aug 22, 2025 | 30.5 | 1.80 (6.27%) |
| Aug 29, 2025 | 27 | -1.70 (-5.92%) |
| Sep 5, 2025 | 30 | 1.30 (4.53%) |
| Sep 12, 2025 | 26 | -2.70 (-9.41%) |
| Sep 19, 2025 | 30 | 1.30 (4.53%) |
| Sep 26, 2025 | 28 | -0.70 (-2.44%) |
| Oct 17, 2025 | 27.5 | -1.20 (-4.18%) |
| Nov 21, 2025 | 27.5 | -1.20 (-4.18%) |
| Jan 16, 2026 | 30 | 1.30 (4.53%) |
| Feb 20, 2026 | 27.5 | -1.20 (-4.18%) |
| Mar 20, 2026 | 32.5 | 3.80 (13.24%) |
| Jun 18, 2026 | 32.5 | 3.80 (13.24%) |
| Jan 15, 2027 | 30 | 1.30 (4.53%) |