Crescent Capital BDC Inc. (CCAP)

CCAP trades at $15.17, pinned near the near-term max pain of $15 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CCAP shows a downward trend from 95 to 2.5, indicating bearish sentiment or hedging activity. The 343% spread signals divergent expectations across timeframes. Most levels below 15.17 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.