(BNDW)
Max Pain By Strike
BNDW trades at $68.98, 6.1% above the near-term max pain of $65 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($65-$66), indicating stable market expectations. Key magnetic zone at 65 where 2 expirations converge.
Max Pain By Expiry
Max pain for BNDW shows stable levels around 65.50, reflecting balanced market expectations. The 2% spread suggests strong consensus on fair value. Most levels below 68.98 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 | 65 | -3.98 (-5.78%) |
| Oct 17, 2025 | 66 | -2.98 (-4.33%) |
| Dec 19, 2025 | 65 | -3.98 (-5.78%) |
| Mar 20, 2026 | 66 | -2.98 (-4.33%) |