(BOND)
Max Pain By Strike
BOND trades at $91.98, 4.5% above the near-term max pain of $88 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($88-$90), indicating stable market expectations. Key magnetic zone at 88 where 3 expirations converge.
Max Pain By Expiry
Max pain for BOND shows stable levels around 88.60, reflecting balanced market expectations. The 2% spread suggests strong consensus on fair value. Most levels below 91.98 may cap rallies. Strong magnetic level at 88 (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 |
|---|---|---|
| Sep 19, 2025 | 88 | -3.98 (-4.33%) |
| Oct 17, 2025 | 89 | -2.98 (-3.25%) |
| Nov 21, 2025 | 88 | -3.98 (-4.33%) |
| Jan 16, 2026 | 90 | -1.98 (-2.16%) |
| Feb 20, 2026 | 88 | -3.98 (-4.33%) |