(CORN)
Max Pain By Strike
CORN trades at $17.59, 3.5% above the near-term max pain of $17 expiring Sep 19, 2025 (18 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($7-$95), signaling increased put positioning or downside protection. Key magnetic zone at 17 where 4 expirations converge.
Max Pain By Expiry
Max pain for CORN shows a downward trend from 95 to 7, indicating bearish sentiment or hedging activity. The 311% spread signals divergent expectations across timeframes. Most levels below 17.59 may cap rallies. Strong magnetic level at 17 (4 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 |
|---|---|---|
| Sep 19, 2025 | 17 | -0.59 (-3.33%) |
| Oct 17, 2025 | 17 | -0.59 (-3.33%) |
| Nov 21, 2025 | 17 | -0.59 (-3.33%) |
| Jan 16, 2026 | 7 | -10.59 (-60.20%) |
| Feb 20, 2026 | 17 | -0.59 (-3.33%) |
| Dec 18, 2026 | 95 | 77.41 (440.20%) |