Golub Capital BDC Inc. (GBDC)

GBDC trades at $13.79, 10.3% above the near-term max pain of $12.5 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($12.5-$95), reflecting growing call interest at higher strikes. Key magnetic zone at 15 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for GBDC shows an upward trend from 12.5 to 95, suggesting bullish positioning in longer-dated options. The 270% spread signals divergent expectations across timeframes. Most levels above 13.79 could support dips. Strong magnetic level at 15 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.