(CSM)

CSM trades at $73.56, 38.8% above the near-term max pain of $53 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($53-$80), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CSM shows a downward trend from 80 to 53, indicating bearish sentiment or hedging activity. The 42% spread signals divergent expectations across timeframes. Most levels below 73.56 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.