Campbell Soup (CPB)
Campbell Soup Max Pain By Strike
CPB trades at $32.36, pinned near the near-term max pain of $33 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($24-$40), signaling increased put positioning or downside protection. Key magnetic zone at 32 where 4 expirations converge.
Campbell Soup Max Pain By Expiry
Max pain for CPB shows a downward trend from 40 to 24, indicating bearish sentiment or hedging activity. The 50% spread signals divergent expectations across timeframes. Levels distributed around 32.36. Strong magnetic level at 32 (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 |
|---|---|---|
| Aug 15, 2025 | 33 | 0.64 (1.98%) |
| Aug 22, 2025 | 31.5 | -0.86 (-2.66%) |
| Aug 29, 2025 | 30 | -2.36 (-7.29%) |
| Sep 5, 2025 | 33 | 0.64 (1.98%) |
| Sep 12, 2025 | 32 | -0.36 (-1.11%) |
| Sep 19, 2025 | 32 | -0.36 (-1.11%) |
| Sep 26, 2025 | 35 | 2.64 (8.16%) |
| Oct 17, 2025 | 24 | -8.36 (-25.83%) |
| Nov 21, 2025 | 31 | -1.36 (-4.20%) |
| Jan 16, 2026 | 35 | 2.64 (8.16%) |
| Feb 20, 2026 | 32 | -0.36 (-1.11%) |
| Jun 18, 2026 | 40 | 7.64 (23.61%) |
| Jan 15, 2027 | 30 | -2.36 (-7.29%) |