Companhia Energética de M... (CIG)
Companhia Energética de Minas Gerais Max Pain By Strike
CIG trades at $2.02, pinned near the near-term max pain of $2 expiring Sep 19, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($0.5-$800), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Companhia Energética de Minas Gerais Max Pain By Expiry
Max pain for CIG shows a downward trend from 800 to 0.5, indicating bearish sentiment or hedging activity. The 496% spread signals divergent expectations across timeframes. Most levels below 2.02 may cap rallies. Strong magnetic level at 2 (3 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 19, 2025 | 2 | -0.02 (-1.09%) |
| Oct 17, 2025 | 0.5 | -1.52 (-75.27%) |
| Dec 19, 2025 | 1.5 | -0.52 (-25.82%) |
| Jan 16, 2026 | 800 | 797.98 (39464.79%) |
| Mar 20, 2026 | 2 | -0.02 (-1.09%) |