(CALF)

CALF trades at $43.58, 6.3% above the near-term max pain of $41 expiring Sep 19, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($39-$41), signaling increased put positioning or downside protection. Key magnetic zone at 41 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CALF shows a downward trend from 41 to 39, indicating bearish sentiment or hedging activity. The 5% spread suggests strong consensus on fair value. Most levels below 43.58 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.