Comerica (CMA)
Comerica Max Pain By Strike
CMA trades at $68.6, 5.5% above the near-term max pain of $65 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($45-$75), reflecting growing call interest at higher strikes. Key magnetic zone at 65 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Comerica Max Pain By Expiry
Max pain for CMA shows an upward trend from 45 to 75, suggesting bullish positioning in longer-dated options. The 49% spread signals divergent expectations across timeframes. Most levels below 68.6 may cap rallies. Strong magnetic level at 65 (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 |
|---|---|---|
| Aug 15, 2025 | 65 | -3.60 (-5.25%) |
| Sep 19, 2025 | 65 | -3.60 (-5.25%) |
| Oct 17, 2025 | 65 | -3.60 (-5.25%) |
| Dec 19, 2025 | 60 | -8.60 (-12.54%) |
| Jan 16, 2026 | 52.5 | -16.10 (-23.47%) |
| Mar 20, 2026 | 62.5 | -6.10 (-8.89%) |
| Apr 17, 2026 | 45 | -23.60 (-34.40%) |
| Jun 18, 2026 | 75 | 6.40 (9.33%) |
| Dec 18, 2026 | 55 | -13.60 (-19.83%) |
| Jan 15, 2027 | 62.5 | -6.10 (-8.89%) |