Old Second Bancorp Inc. (OSBC)
Old Second Bancorp Max Pain By Strike
OSBC trades at $17.39, pinned near the near-term max pain of $17.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$17.5), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Old Second Bancorp Max Pain By Expiry
Max pain for OSBC shows a downward trend from 17.5 to 2.5, indicating bearish sentiment or hedging activity. The 198% spread signals divergent expectations across timeframes. Levels distributed around 17.39. Strong magnetic level at 3 (4 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 | 17.5 | 0.11 (0.63%) |
| Sep 19, 2025 | 2.5 | -14.89 (-85.62%) |
| Oct 17, 2025 | 2.5 | -14.89 (-85.62%) |
| Dec 19, 2025 | 2.5 | -14.89 (-85.62%) |
| Jan 16, 2026 | 3 | -14.39 (-82.75%) |
| Mar 20, 2026 | 17.5 | 0.11 (0.63%) |