Bitfarms Ltd. (BITF)
Bitfarms Max Pain By Strike
BITF trades at $2.23, 48.7% above the near-term max pain of $1.5 expiring Sep 19, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($0.5-$2), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 7 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 2 to 0.5, indicating bearish sentiment or hedging activity. The 114% spread signals divergent expectations across timeframes. Most levels below 2.23 may cap rallies. Strong magnetic level at 2 (7 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 |
|---|---|---|
| Sep 19, 2025 | 1.5 | -0.73 (-32.74%) |
| Sep 26, 2025 | 1.5 | -0.73 (-32.74%) |
| Oct 3, 2025 | 1.5 | -0.73 (-32.74%) |
| Oct 10, 2025 | 1.5 | -0.73 (-32.74%) |
| Oct 17, 2025 | 1.5 | -0.73 (-32.74%) |
| Oct 24, 2025 | 2 | -0.23 (-10.31%) |
| Oct 31, 2025 | 0.5 | -1.73 (-77.58%) |
| Nov 21, 2025 | 1.5 | -0.73 (-32.74%) |
| Jan 16, 2026 | 1 | -1.23 (-55.16%) |
| Feb 20, 2026 | 1 | -1.23 (-55.16%) |
| Jan 15, 2027 | 1 | -1.23 (-55.16%) |