Core & Main Inc. (CNM)
Core & Main Max Pain By Strike
CNM trades at $66.97, 21.8% above the near-term max pain of $55 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($50-$65), reflecting growing call interest at higher strikes. Key magnetic zone at 55 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Core & Main Max Pain By Expiry
Max pain for CNM shows an upward trend from 50 to 65, suggesting bullish positioning in longer-dated options. The 26% spread signals divergent expectations across timeframes. Most levels below 66.97 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 19, 2025 | 55 | -11.97 (-17.87%) |
| Oct 17, 2025 | 65 | -1.97 (-2.94%) |
| Dec 19, 2025 | 62.5 | -4.47 (-6.67%) |
| Jan 16, 2026 | 50 | -16.97 (-25.34%) |
| Mar 20, 2026 | 60 | -6.97 (-10.41%) |
| Jan 15, 2027 | 55 | -11.97 (-17.87%) |