Bank of Nova Scotia (BNS)
Bank of Nova Scotia Max Pain By Strike
BNS trades at $56.85, 3.4% above the near-term max pain of $55 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35-$55), signaling increased put positioning or downside protection. Key magnetic zone at 53 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Bank of Nova Scotia Max Pain By Expiry
Max pain for BNS shows a downward trend from 55 to 35, indicating bearish sentiment or hedging activity. The 41% spread signals divergent expectations across timeframes. Most levels below 56.85 may cap rallies. Strong magnetic level at 53 (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 |
|---|---|---|
| Aug 15, 2025 | 55 | -1.85 (-3.26%) |
| Sep 19, 2025 | 52.5 | -4.35 (-7.66%) |
| Oct 17, 2025 | 35 | -21.85 (-38.44%) |
| Dec 19, 2025 | 52.5 | -4.35 (-7.66%) |
| Jan 16, 2026 | 47.5 | -9.35 (-16.45%) |
| Mar 20, 2026 | 52.5 | -4.35 (-7.66%) |