CBL & Associates Properti... (CBL)
CBL & Associates Properties Max Pain By Strike
CBL trades at $30.33, 37.9% above the near-term max pain of $22 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($22-$27), signaling increased put positioning or downside protection. Key magnetic zone at 22 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
CBL & Associates Properties Max Pain By Expiry
Max pain for CBL shows a downward trend from 27 to 22, indicating bearish sentiment or hedging activity. The 21% spread signals divergent expectations across timeframes. Most levels below 30.33 may cap rallies. 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 | 22 | -8.33 (-27.46%) |
| Sep 19, 2025 | 27 | -3.33 (-10.98%) |
| Oct 17, 2025 | 23.2 | -7.13 (-23.51%) |
| Dec 19, 2025 | 24.2 | -6.13 (-20.21%) |
| Jan 16, 2026 | 24 | -6.33 (-20.87%) |
| Mar 20, 2026 | 27 | -3.33 (-10.98%) |
| Apr 17, 2026 | 22 | -8.33 (-27.46%) |