Cipher Mining Inc. (CIFR)
Cipher Mining Max Pain By Strike
CIFR trades at $9.22, 22.9% above the near-term max pain of $7.5 expiring Sep 12, 2025 (2 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($4-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Cipher Mining Max Pain By Expiry
Max pain for CIFR shows a downward trend from 7.5 to 4, indicating bearish sentiment or hedging activity. The 59% spread signals divergent expectations across timeframes. Most levels below 9.22 may cap rallies. Strong magnetic level at 5 (4 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 |
|---|---|---|
| Sep 12, 2025 | 7.5 | -1.72 (-18.66%) |
| Sep 19, 2025 | 5 | -4.22 (-45.77%) |
| Sep 26, 2025 | 6.5 | -2.72 (-29.50%) |
| Oct 3, 2025 | 7 | -2.22 (-24.08%) |
| Oct 10, 2025 | 7 | -2.22 (-24.08%) |
| Oct 17, 2025 | 6 | -3.22 (-34.92%) |
| Oct 24, 2025 | 7 | -2.22 (-24.08%) |
| Dec 19, 2025 | 6 | -3.22 (-34.92%) |
| Jan 16, 2026 | 4 | -5.22 (-56.62%) |
| Mar 20, 2026 | 5 | -4.22 (-45.77%) |
| Jan 15, 2027 | 5 | -4.22 (-45.77%) |
| Dec 17, 2027 | 5 | -4.22 (-45.77%) |