Becton Dickinson and (BDX)

BDX trades at $195.03, 8.3% above the near-term max pain of $180 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($100-$190), signaling increased put positioning or downside protection. Key magnetic zone at 175 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BDX shows a downward trend from 190 to 100, indicating bearish sentiment or hedging activity. The 53% spread signals divergent expectations across timeframes. Most levels below 195.03 may cap rallies. Strong magnetic level at 175 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.