Carpenter Technology Corp... (CRS)
Carpenter Technology Max Pain By Strike
CRS trades at $247.21, 7.5% above the near-term max pain of $230 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$260), reflecting growing call interest at higher strikes. Key magnetic zone at 240 where 2 expirations converge.
Carpenter Technology Max Pain By Expiry
Max pain for CRS shows an upward trend from 8 to 260, suggesting bullish positioning in longer-dated options. The 123% spread signals divergent expectations across timeframes. Levels distributed around 247.21. 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 | 230 | -17.21 (-6.96%) |
| Oct 17, 2025 | 240 | -7.21 (-2.92%) |
| Nov 21, 2025 | 250 | 2.79 (1.13%) |
| Dec 19, 2025 | 260 | 12.79 (5.17%) |
| Jan 16, 2026 | 8 | -239.21 (-96.76%) |
| Mar 20, 2026 | 240 | -7.21 (-2.92%) |