(BLV)
Max Pain By Strike
BLV trades at $71.09, 3.0% above the near-term max pain of $69 expiring Sep 19, 2025 (8 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($65-$95), signaling increased put positioning or downside protection. Key magnetic zone at 69 where 2 expirations converge.
Max Pain By Expiry
Max pain for BLV shows a downward trend from 95 to 65, indicating bearish sentiment or hedging activity. The 41% spread signals divergent expectations across timeframes. Most levels below 71.09 may cap rallies. 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 | -2.09 (-2.94%) |
| Oct 17, 2025 | 70 | -1.09 (-1.53%) |
| Dec 19, 2025 | 69 | -2.09 (-2.94%) |
| Jan 16, 2026 | 95 | 23.91 (33.63%) |
| Mar 20, 2026 | 65 | -6.09 (-8.57%) |