(BITO)
Max Pain By Strike
BITO trades at $20.16, pinned near the near-term max pain of $20 expiring Sep 19, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($18-$26), indicating stable market expectations. Key magnetic zone at 20 where 8 expirations converge.
Max Pain By Expiry
Max pain for BITO shows stable levels around 20.77, reflecting balanced market expectations. The 39% spread signals divergent expectations across timeframes. Levels distributed around 20.16. Strong magnetic level at 20 (8 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 | 20 | -0.16 (-0.77%) |
| Sep 26, 2025 | 20 | -0.16 (-0.77%) |
| Sep 30, 2025 | 20 | -0.16 (-0.77%) |
| Oct 3, 2025 | 20 | -0.16 (-0.77%) |
| Oct 10, 2025 | 19.5 | -0.66 (-3.25%) |
| Oct 17, 2025 | 20 | -0.16 (-0.77%) |
| Oct 24, 2025 | 20 | -0.16 (-0.77%) |
| Oct 31, 2025 | 22 | 1.84 (9.15%) |
| Dec 19, 2025 | 20 | -0.16 (-0.77%) |
| Dec 31, 2025 | 22 | 1.84 (9.15%) |
| Jan 16, 2026 | 22 | 1.84 (9.15%) |
| Mar 20, 2026 | 23 | 2.84 (14.12%) |
| Mar 31, 2026 | 26 | 5.84 (29.00%) |
| Jun 30, 2026 | 18 | -2.16 (-10.69%) |
| Jan 15, 2027 | 19 | -1.16 (-5.73%) |