Black Spade Acquisition III Co (BIII) Max Pain Analysis
Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.
Black Spade Acquisition III Co (BIII) operates in the Financial Services sector, specifically the Shell Companies industry, with a market capitalization near $228.6M, listed on NYSE, employing roughly 3 people, carrying a beta of 0.08 to the broader market. Black Spade Acquisition III Co focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. Led by Chi-Wai Tam, public since 2026-01-29.
Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for BIII as of 2026-06-02; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.