BIT Mining Limited (BTCM)
BIT Mining Max Pain By Strike
BTCM trades at $3.11, 22.3% below the near-term max pain of $4 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($1-$55), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 3 expirations converge.
BIT Mining Max Pain By Expiry
Max pain for BTCM shows a downward trend from 55 to 1, indicating bearish sentiment or hedging activity. The 470% spread signals divergent expectations across timeframes. Levels distributed around 3.11. Strong magnetic level at 3 (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 | 4 | 0.89 (28.62%) |
| Sep 19, 2025 | 3 | -0.11 (-3.54%) |
| Oct 17, 2025 | 1 | -2.11 (-67.85%) |
| Dec 19, 2025 | 3 | -0.11 (-3.54%) |
| Jan 16, 2026 | 55 | 51.89 (1668.49%) |
| Mar 20, 2026 | 3 | -0.11 (-3.54%) |