Carlyle Secured Lending I... (CGBD)
Carlyle Secured Lending Max Pain By Strike
CGBD trades at $13.6, 8.8% above the near-term max pain of $12.5 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$96.67), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Carlyle Secured Lending Max Pain By Expiry
Max pain for CGBD shows a downward trend from 96.67 to 2.5, indicating bearish sentiment or hedging activity. The 338% spread signals divergent expectations across timeframes. Levels distributed around 13.6. 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 | 12.5 | -1.10 (-8.09%) |
Oct 17, 2025 | 2.5 | -11.10 (-81.62%) |
Nov 21, 2025 | 15 | 1.40 (10.29%) |
Jan 16, 2026 | 96.67 | 83.07 (610.81%) |
Feb 20, 2026 | 12.5 | -1.10 (-8.09%) |