Celestica Inc. (CLS)
Celestica Max Pain By Strike
CLS trades at $253.04, 7.7% above the near-term max pain of $235 expiring Sep 12, 2025 (1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($95-$240), signaling increased put positioning or downside protection. Key magnetic zone at 120 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Celestica Max Pain By Expiry
Max pain for CLS shows a downward trend from 240 to 95, indicating bearish sentiment or hedging activity. The 81% spread signals divergent expectations across timeframes. Most levels below 253.04 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 12, 2025 | 235 | -18.04 (-7.13%) |
| Sep 19, 2025 | 160 | -93.04 (-36.77%) |
| Sep 26, 2025 | 220 | -33.04 (-13.06%) |
| Oct 3, 2025 | 240 | -13.04 (-5.15%) |
| Oct 10, 2025 | 230 | -23.04 (-9.11%) |
| Oct 17, 2025 | 200 | -53.04 (-20.96%) |
| Oct 24, 2025 | 215 | -38.04 (-15.03%) |
| Nov 21, 2025 | 180 | -73.04 (-28.87%) |
| Dec 19, 2025 | 175 | -78.04 (-30.84%) |
| Jan 16, 2026 | 120 | -133.04 (-52.58%) |
| Mar 20, 2026 | 145 | -108.04 (-42.70%) |
| Jun 18, 2026 | 95 | -158.04 (-62.46%) |
| Jan 15, 2027 | 120 | -133.04 (-52.58%) |