Golub Capital BDC Inc. (GBDC)
Golub Capital BDC Max Pain By Strike
GBDC trades at $14.81, pinned near the near-term max pain of $15 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 3 expirations converge.
Golub Capital BDC Max Pain By Expiry
Max pain for GBDC shows a downward trend from 95 to 2.5, indicating bearish sentiment or hedging activity. The 358% spread signals divergent expectations across timeframes. Levels distributed around 14.81. Strong magnetic level at 15 (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 | 0.19 (1.25%) |
| Sep 19, 2025 | 15 | 0.19 (1.25%) |
| Oct 17, 2025 | 2.5 | -12.31 (-83.13%) |
| Nov 21, 2025 | 15 | 0.19 (1.25%) |
| Jan 16, 2026 | 95 | 80.19 (541.24%) |
| Feb 20, 2026 | 12.5 | -2.31 (-15.63%) |