(BUL)

BUL trades at $52.18, 18.6% above the near-term max pain of $44 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($44-$47), indicating stable market expectations. Key magnetic zone at 44 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BUL shows stable levels around 45.00, reflecting balanced market expectations. The 7% spread suggests strong consensus on fair value. Most levels below 52.18 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.