CBOE: COWZ · Real-Time Price · USD
56.84
0.16 (0.28%)
At close: Aug 15, 2025, 3:00 PM

Max Pain By Strike

COWZ trades at $56.84, 5.3% above the near-term max pain of $54 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($49-$55), reflecting growing call interest at higher strikes. Key magnetic zone at 55 where 2 expirations converge.

Max Pain By Expiry

Max pain for COWZ shows an upward trend from 49 to 55, suggesting bullish positioning in longer-dated options. The 11% spread signals divergent expectations across timeframes. Most levels below 56.84 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 54 -2.84 (-5.00%)
Sep 19, 2025 55 -1.84 (-3.25%)
Oct 17, 2025 55 -1.84 (-3.25%)
Dec 19, 2025 49 -7.84 (-13.80%)
Mar 20, 2026 52 -4.84 (-8.52%)