(BIL)
Max Pain By Strike
BIL trades at $91.61, pinned near the near-term max pain of $91 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($82-$92), indicating stable market expectations. Key magnetic zone at 91 where 4 expirations converge.
Max Pain By Expiry
Max pain for BIL shows stable levels around 90.00, reflecting balanced market expectations. The 11% spread signals divergent expectations across timeframes. Most levels below 91.61 may cap rallies. Strong magnetic level at 91 (4 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 | 91 | -0.61 (-0.67%) |
| Sep 19, 2025 | 91 | -0.61 (-0.67%) |
| Oct 17, 2025 | 91 | -0.61 (-0.67%) |
| Dec 19, 2025 | 92 | 0.39 (0.42%) |
| Jan 16, 2026 | 92 | 0.39 (0.42%) |
| Mar 20, 2026 | 91 | -0.61 (-0.67%) |
| Apr 17, 2026 | 82 | -9.61 (-10.50%) |