Clear Channel Outdoor In... (CCO)
Clear Channel Outdoor Max Pain By Strike
CCO trades at $1.31, 31.0% above the near-term max pain of $1 expiring Sep 19, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($0.5-$32), signaling increased put positioning or downside protection. Key magnetic zone at 1 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Clear Channel Outdoor Max Pain By Expiry
Max pain for CCO shows a downward trend from 32 to 0.5, indicating bearish sentiment or hedging activity. The 430% spread signals divergent expectations across timeframes. Levels distributed around 1.31. Strong magnetic level at 1 (3 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 |
|---|---|---|
| Sep 19, 2025 | 1 | -0.31 (-23.95%) |
| Oct 17, 2025 | 1.5 | 0.19 (14.07%) |
| Dec 19, 2025 | 1 | -0.31 (-23.95%) |
| Jan 16, 2026 | 32 | 30.68 (2333.46%) |
| Mar 20, 2026 | 0.5 | -0.81 (-61.98%) |
| Dec 18, 2026 | 8 | 6.69 (508.37%) |