Canopy Growth Corporation (CGC)
Canopy Growth Max Pain By Strike
CGC trades at $1.3, 13.3% below the near-term max pain of $1.5 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($1-$2), reflecting growing call interest at higher strikes. Key magnetic zone at 1 where 7 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Canopy Growth Max Pain By Expiry
Max pain for CGC shows an upward trend from 1 to 2, suggesting bullish positioning in longer-dated options. The 81% spread signals divergent expectations across timeframes. Levels distributed around 1.3. Strong magnetic level at 1 (7 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 | 1.5 | 0.20 (15.05%) |
| Aug 22, 2025 | 1 | -0.30 (-23.30%) |
| Aug 29, 2025 | 1.5 | 0.20 (15.05%) |
| Sep 5, 2025 | 1.5 | 0.20 (15.05%) |
| Sep 12, 2025 | 1 | -0.30 (-23.30%) |
| Sep 19, 2025 | 1 | -0.30 (-23.30%) |
| Sep 26, 2025 | 1 | -0.30 (-23.30%) |
| Oct 17, 2025 | 2 | 0.70 (53.40%) |
| Jan 16, 2026 | 1 | -0.30 (-23.30%) |
| Apr 17, 2026 | 1 | -0.30 (-23.30%) |
| Jan 15, 2027 | 1 | -0.30 (-23.30%) |