B2Gold Corp. (BTG)
B2Gold Max Pain By Strike
BTG trades at $3.84, 9.7% above the near-term max pain of $3.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($1.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
B2Gold Max Pain By Expiry
Max pain for BTG shows a downward trend from 95 to 1.5, indicating bearish sentiment or hedging activity. The 592% spread signals divergent expectations across timeframes. Most levels below 3.84 may cap rallies. 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 | 3.5 | -0.34 (-8.77%) |
| Sep 19, 2025 | 3.5 | -0.34 (-8.77%) |
| Oct 17, 2025 | 2.5 | -1.34 (-34.84%) |
| Jan 16, 2026 | 2.5 | -1.34 (-34.84%) |
| Apr 17, 2026 | 1.5 | -2.34 (-60.90%) |
| Dec 18, 2026 | 95 | 91.16 (2376.22%) |
| Jan 15, 2027 | 2 | -1.84 (-47.87%) |