Carnival Corporation & (CCL)
Carnival & Max Pain By Strike
CCL trades at $29.7, 2.4% above the near-term max pain of $29 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($20-$30), reflecting growing call interest at higher strikes. Key magnetic zone at 29 where 6 expirations converge.
Carnival & Max Pain By Expiry
Max pain for CCL shows an upward trend from 20 to 30, suggesting bullish positioning in longer-dated options. The 38% spread signals divergent expectations across timeframes. Most levels below 29.7 may cap rallies. Strong magnetic level at 29 (6 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 | 29 | -0.70 (-2.37%) |
| Aug 22, 2025 | 29 | -0.70 (-2.37%) |
| Aug 29, 2025 | 29 | -0.70 (-2.37%) |
| Sep 5, 2025 | 29 | -0.70 (-2.37%) |
| Sep 12, 2025 | 29 | -0.70 (-2.37%) |
| Sep 19, 2025 | 26 | -3.70 (-12.47%) |
| Sep 26, 2025 | 30 | 0.30 (0.99%) |
| Oct 17, 2025 | 29 | -0.70 (-2.37%) |
| Dec 19, 2025 | 23 | -6.70 (-22.57%) |
| Jan 16, 2026 | 22 | -7.70 (-25.94%) |
| Mar 20, 2026 | 27 | -2.70 (-9.11%) |
| Apr 17, 2026 | 22 | -7.70 (-25.94%) |
| Jun 18, 2026 | 25 | -4.70 (-15.84%) |
| Sep 18, 2026 | 30 | 0.30 (0.99%) |
| Dec 18, 2026 | 20 | -9.70 (-32.67%) |
| Jan 15, 2027 | 22 | -7.70 (-25.94%) |