Cognex Corporation (CGNX)
Cognex Max Pain By Strike
CGNX trades at $44.94, 12.3% above the near-term max pain of $40 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($35-$45), reflecting growing call interest at higher strikes. Key magnetic zone at 35 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Cognex Max Pain By Expiry
Max pain for CGNX shows an upward trend from 35 to 45, suggesting bullish positioning in longer-dated options. The 26% spread signals divergent expectations across timeframes. Most levels below 44.94 may cap rallies. 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 | 40 | -4.94 (-10.99%) |
| Oct 17, 2025 | 45 | 0.06 (0.13%) |
| Nov 21, 2025 | 35 | -9.94 (-22.12%) |
| Feb 20, 2026 | 35 | -9.94 (-22.12%) |