Core & Main Inc. (CNM)
Core & Main Max Pain By Strike
CNM trades at $64.51, 3.2% above the near-term max pain of $62.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($42.5-$67.5), signaling increased put positioning or downside protection. 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 a downward trend from 67.5 to 42.5, indicating bearish sentiment or hedging activity. The 44% spread signals divergent expectations across timeframes. Most levels below 64.51 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 |
|---|---|---|
| Aug 15, 2025 | 62.5 | -2.01 (-3.12%) |
| Sep 19, 2025 | 55 | -9.51 (-14.74%) |
| Oct 17, 2025 | 42.5 | -22.01 (-34.12%) |
| Dec 19, 2025 | 62.5 | -2.01 (-3.12%) |
| Jan 16, 2026 | 50 | -14.51 (-22.49%) |
| Mar 20, 2026 | 67.5 | 2.99 (4.63%) |
| Jan 15, 2027 | 55 | -9.51 (-14.74%) |