Bancolombia S.A. (CIB)

CIB trades at $49.41, 9.8% above the near-term max pain of $45 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($30-$50), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CIB shows a downward trend from 50 to 30, indicating bearish sentiment or hedging activity. The 51% spread signals divergent expectations across timeframes. Most levels below 49.41 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.