Bausch + Lomb Corporation (BLCO)

BLCO trades at $14.5, 45.0% above the near-term max pain of $10 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($3-$31), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BLCO shows a downward trend from 31 to 3, indicating bearish sentiment or hedging activity. The 225% spread signals divergent expectations across timeframes. Most levels below 14.5 may cap rallies. Strong magnetic level at 13 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.