Columbia Banking System I... (COLB)
Columbia Banking System Max Pain By Strike
COLB trades at $25.65, 2.6% above the near-term max pain of $25 expiring Aug 15, 2025 (-1 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 3 expirations converge.
Columbia Banking System Max Pain By Expiry
Max pain for COLB shows a downward trend from 95 to 12.5, indicating bearish sentiment or hedging activity. The 241% spread signals divergent expectations across timeframes. Most levels below 25.65 may cap rallies. Strong magnetic level at 25 (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 | 25 | -0.65 (-2.53%) |
| Sep 19, 2025 | 22.5 | -3.15 (-12.28%) |
| Oct 17, 2025 | 12.5 | -13.15 (-51.27%) |
| Nov 21, 2025 | 25 | -0.65 (-2.53%) |
| Jan 16, 2026 | 95 | 69.35 (270.37%) |
| Feb 20, 2026 | 25 | -0.65 (-2.53%) |