Baker Hughes (BKR)
Baker Hughes Max Pain By Strike
BKR trades at $43.43, 3.4% above the near-term max pain of $42 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35-$45), signaling increased put positioning or downside protection. Key magnetic zone at 40 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Baker Hughes Max Pain By Expiry
Max pain for BKR shows a downward trend from 45 to 35, indicating bearish sentiment or hedging activity. The 24% spread signals divergent expectations across timeframes. Most levels below 43.43 may cap rallies. Strong magnetic level at 40 (6 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 | 42 | -1.43 (-3.29%) |
| Sep 19, 2025 | 42 | -1.43 (-3.29%) |
| Oct 17, 2025 | 40 | -3.43 (-7.90%) |
| Nov 21, 2025 | 45 | 1.57 (3.62%) |
| Dec 19, 2025 | 42 | -1.43 (-3.29%) |
| Jan 16, 2026 | 40 | -3.43 (-7.90%) |
| Feb 20, 2026 | 40 | -3.43 (-7.90%) |
| Mar 20, 2026 | 40 | -3.43 (-7.90%) |
| Apr 17, 2026 | 35 | -8.43 (-19.41%) |
| Jun 18, 2026 | 42 | -1.43 (-3.29%) |
| Sep 18, 2026 | 45 | 1.57 (3.62%) |
| Dec 18, 2026 | 40 | -3.43 (-7.90%) |
| Jan 15, 2027 | 40 | -3.43 (-7.90%) |