Black Stone Minerals L.P. (BSM)
Black Stone Minerals L.P. Max Pain By Strike
BSM trades at $12.46, 16.9% below the near-term max pain of $15 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($2.5-$15), reflecting growing call interest at higher strikes. Key magnetic zone at 13 where 3 expirations converge.
Black Stone Minerals L.P. Max Pain By Expiry
Max pain for BSM shows an upward trend from 2.5 to 15, suggesting bullish positioning in longer-dated options. The 114% spread signals divergent expectations across timeframes. Most levels above 12.46 could support dips. Strong magnetic level at 13 (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 | 15 | 2.54 (20.39%) |
| Sep 19, 2025 | 12.5 | 0.04 (0.32%) |
| Oct 17, 2025 | 12.5 | 0.04 (0.32%) |
| Jan 16, 2026 | 12.5 | 0.04 (0.32%) |
| Apr 17, 2026 | 2.5 | -9.96 (-79.94%) |