Confluent Inc. (CFLT)
Confluent Max Pain By Strike
CFLT trades at $17.66, 19.7% below the near-term max pain of $22 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($8-$24), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Confluent Max Pain By Expiry
Max pain for CFLT shows a downward trend from 24 to 8, indicating bearish sentiment or hedging activity. The 89% spread signals divergent expectations across timeframes. Levels distributed around 17.66. Strong magnetic level at 18 (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 |
|---|---|---|
| Aug 15, 2025 | 22 | 4.34 (24.61%) |
| Sep 19, 2025 | 16 | -1.66 (-9.37%) |
| Oct 17, 2025 | 18 | 0.34 (1.95%) |
| Nov 21, 2025 | 18 | 0.34 (1.95%) |
| Jan 16, 2026 | 24 | 6.34 (35.94%) |
| Feb 20, 2026 | 23 | 5.34 (30.27%) |
| Mar 20, 2026 | 18 | 0.34 (1.95%) |
| Apr 17, 2026 | 8 | -9.66 (-54.69%) |
| Jan 15, 2027 | 17 | -0.66 (-3.71%) |
| Dec 17, 2027 | 15 | -2.66 (-15.04%) |