Bitfarms Ltd. (BITF)
Bitfarms Max Pain By Strike
BITF trades at $1.28, 28.0% above the near-term max pain of $1 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($0.5-$1.5), signaling increased put positioning or downside protection. Key magnetic zone at 1 where 11 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Bitfarms Max Pain By Expiry
Max pain for BITF shows a downward trend from 1.5 to 0.5, indicating bearish sentiment or hedging activity. The 100% spread signals divergent expectations across timeframes. Most levels below 1.28 may cap rallies. Strong magnetic level at 1 (11 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 | 1 | -0.28 (-21.88%) |
| Aug 22, 2025 | 1 | -0.28 (-21.88%) |
| Aug 29, 2025 | 1 | -0.28 (-21.88%) |
| Sep 5, 2025 | 1 | -0.28 (-21.88%) |
| Sep 12, 2025 | 1.5 | 0.22 (17.19%) |
| Sep 19, 2025 | 1 | -0.28 (-21.88%) |
| Sep 26, 2025 | 1 | -0.28 (-21.88%) |
| Oct 17, 2025 | 0.5 | -0.78 (-60.94%) |
| Nov 21, 2025 | 1 | -0.28 (-21.88%) |
| Jan 16, 2026 | 1 | -0.28 (-21.88%) |
| Feb 20, 2026 | 1 | -0.28 (-21.88%) |
| Jan 15, 2027 | 1 | -0.28 (-21.88%) |