Bausch + Lomb Corporation (BLCO)

BLCO trades at $14.72, 17.8% above the near-term max pain of $12.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($6-$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 6, indicating bearish sentiment or hedging activity. The 184% spread signals divergent expectations across timeframes. Most levels below 14.72 may cap rallies. Strong magnetic level at 13 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.