Banco Macro S.A. (BMA)
Banco Macro S.A. Max Pain By Strike
BMA trades at $58.8, 2.0% below the near-term max pain of $60 expiring Sep 19, 2025 (13 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($50-$5600), signaling increased put positioning or downside protection. Key magnetic zone at 90 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Banco Macro S.A. Max Pain By Expiry
Max pain for BMA shows a downward trend from 5600 to 50, indicating bearish sentiment or hedging activity. The 559% spread signals divergent expectations across timeframes. Most levels above 58.8 could support dips. 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 | 60 | 1.20 (2.04%) |
| Oct 17, 2025 | 90 | 31.20 (53.06%) |
| Nov 21, 2025 | 70 | 11.20 (19.05%) |
| Jan 16, 2026 | 90 | 31.20 (53.06%) |
| Apr 17, 2026 | 50 | -8.80 (-14.97%) |
| Jun 18, 2026 | 5600 | 5541.20 (9423.81%) |