Commerce Bancshares Inc. (CBSH)

CBSH trades at $59.85, pinned near the near-term max pain of $60 expiring Oct 17, 2025 (18 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($32-$60), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CBSH shows a downward trend from 60 to 32, indicating bearish sentiment or hedging activity. The 54% spread signals divergent expectations across timeframes. Most levels below 59.85 may cap rallies. Strong magnetic level at 55 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.