Caleres Inc. (CAL)
Caleres Max Pain By Strike
CAL trades at $14.58, 2.8% below 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 ($12.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 4 expirations converge.
Caleres Max Pain By Expiry
Max pain for CAL shows a downward trend from 95 to 12.5, indicating bearish sentiment or hedging activity. The 296% spread signals divergent expectations across timeframes. Most levels above 14.58 could support dips. Strong magnetic level at 15 (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 | 15 | 0.42 (2.88%) |
| Sep 19, 2025 | 12.5 | -2.08 (-14.27%) |
| Oct 17, 2025 | 15 | 0.42 (2.88%) |
| Nov 21, 2025 | 15 | 0.42 (2.88%) |
| Dec 19, 2025 | 95 | 80.42 (551.58%) |
| Feb 20, 2026 | 15 | 0.42 (2.88%) |