(CFA)
Max Pain By Strike
CFA trades at $90.09, pinned near the near-term max pain of $91 expiring Sep 19, 2025 (9 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($75-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for CFA shows a downward trend from 95 to 75, indicating bearish sentiment or hedging activity. The 23% spread signals divergent expectations across timeframes. Levels distributed around 90.09. 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 | 91 | 0.91 (1.01%) |
| Oct 17, 2025 | 86 | -4.09 (-4.54%) |
| Dec 19, 2025 | 75 | -15.09 (-16.75%) |
| Jan 16, 2026 | 95 | 4.91 (5.45%) |
| Mar 20, 2026 | 85 | -5.09 (-5.65%) |