Blend Labs Inc. (BLND)

BLND trades at $3.75, 6.3% below the near-term max pain of $4 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($3-$5), signaling increased put positioning or downside protection. Key magnetic zone at 4 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BLND shows a downward trend from 5 to 3, indicating bearish sentiment or hedging activity. The 50% spread signals divergent expectations across timeframes. Most levels above 3.75 could support dips. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.