BHP Group Limited (BHP)

BHP trades at $53.84, 7.7% above the near-term max pain of $50 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($32.5-$52.5), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BHP shows a downward trend from 52.5 to 32.5, indicating bearish sentiment or hedging activity. The 42% spread signals divergent expectations across timeframes. Most levels below 53.84 may cap rallies. Strong magnetic level at 50 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.