BP p.l.c. (BP)

BP trades at $34.16, pinned near the near-term max pain of $34.5 expiring Oct 10, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($30-$35), reflecting growing call interest at higher strikes. Key magnetic zone at 34 where 5 expirations converge.

Max pain for BP shows an upward trend from 30 to 35, suggesting bullish positioning in longer-dated options. The 15% spread signals divergent expectations across timeframes. Most levels below 34.16 may cap rallies. Strong magnetic level at 34 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.