BP p.l.c. (BP)
BP p.l.c. Max Pain By Strike
BP trades at $33.92, pinned near the near-term max pain of $34.5 expiring Sep 12, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($20-$35), indicating stable market expectations. Key magnetic zone at 34 where 5 expirations converge.
BP p.l.c. Max Pain By Expiry
Max pain for BP shows stable levels around 32.21, reflecting balanced market expectations. The 47% spread signals divergent expectations across timeframes. Levels distributed around 33.92. Strong magnetic level at 34 (5 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 12, 2025 | 34.5 | 0.58 (1.71%) |
| Sep 19, 2025 | 33 | -0.92 (-2.71%) |
| Sep 26, 2025 | 35 | 1.08 (3.18%) |
| Oct 3, 2025 | 34 | 0.08 (0.24%) |
| Oct 10, 2025 | 34 | 0.08 (0.24%) |
| Oct 17, 2025 | 33 | -0.92 (-2.71%) |
| Oct 24, 2025 | 20 | -13.92 (-41.04%) |
| Nov 21, 2025 | 34 | 0.08 (0.24%) |
| Dec 19, 2025 | 34 | 0.08 (0.24%) |
| Jan 16, 2026 | 32 | -1.92 (-5.66%) |
| Feb 20, 2026 | 34 | 0.08 (0.24%) |
| Mar 20, 2026 | 30 | -3.92 (-11.56%) |
| Apr 17, 2026 | 35 | 1.08 (3.18%) |
| Jun 18, 2026 | 30 | -3.92 (-11.56%) |
| Sep 18, 2026 | 30 | -3.92 (-11.56%) |
| Dec 18, 2026 | 33 | -0.92 (-2.71%) |
| Jan 15, 2027 | 32 | -1.92 (-5.66%) |