(BND)
Max Pain By Strike
BND trades at $73.41, pinned near the near-term max pain of $73 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7.5-$73), reflecting growing call interest at higher strikes. Key magnetic zone at 73 where 2 expirations converge.
Max Pain By Expiry
Max pain for BND shows an upward trend from 7.5 to 73, suggesting bullish positioning in longer-dated options. The 109% spread signals divergent expectations across timeframes. Most levels below 73.41 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 |
|---|---|---|
| Aug 15, 2025 | 73 | -0.41 (-0.56%) |
| Sep 19, 2025 | 73 | -0.41 (-0.56%) |
| Oct 17, 2025 | 63 | -10.41 (-14.18%) |
| Dec 19, 2025 | 72 | -1.41 (-1.93%) |
| Jan 16, 2026 | 7.5 | -65.91 (-89.78%) |
| Mar 20, 2026 | 71 | -2.41 (-3.29%) |