Canadian Pacific Railway ... (CP)
Canadian Pacific Railway Max Pain By Strike
CP trades at $74.24, pinned near the near-term max pain of $75 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($55-$80), signaling increased put positioning or downside protection. Key magnetic zone at 75 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Canadian Pacific Railway Max Pain By Expiry
Max pain for CP shows a downward trend from 80 to 55, indicating bearish sentiment or hedging activity. The 35% spread signals divergent expectations across timeframes. Levels distributed around 74.24. 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 | 75 | 0.76 (1.02%) |
| Sep 19, 2025 | 80 | 5.76 (7.76%) |
| Oct 17, 2025 | 55 | -19.24 (-25.92%) |
| Dec 19, 2025 | 80 | 5.76 (7.76%) |
| Jan 16, 2026 | 75 | 0.76 (1.02%) |
| Mar 20, 2026 | 72.5 | -1.74 (-2.34%) |
| Jan 15, 2027 | 60 | -14.24 (-19.18%) |