Celanese Corporation (CE)

CE trades at $40.77, 18.5% below the near-term max pain of $50 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($40-$55), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CE shows a downward trend from 55 to 40, indicating bearish sentiment or hedging activity. The 31% spread signals divergent expectations across timeframes. Most levels above 40.77 could support dips. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.