(BLV)
Max Pain By Strike
BLV trades at $68.89, pinned near the near-term max pain of $69 expiring Sep 19, 2025 (32 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($66-$95), signaling increased put positioning or downside protection. Key magnetic zone at 66 where 3 expirations converge.
Max Pain By Expiry
Max pain for BLV shows a downward trend from 95 to 66, indicating bearish sentiment or hedging activity. The 40% spread signals divergent expectations across timeframes. Levels distributed around 68.89. Strong magnetic level at 66 (3 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 | 69 | 0.11 (0.15%) |
| Oct 17, 2025 | 66 | -2.89 (-4.20%) |
| Dec 19, 2025 | 66 | -2.89 (-4.20%) |
| Jan 16, 2026 | 95 | 26.11 (37.89%) |
| Mar 20, 2026 | 66 | -2.89 (-4.20%) |