Coterra Energy Inc. (CTRA)
Coterra Energy Max Pain By Strike
CTRA trades at $23.84, pinned near the near-term max pain of $23.5 expiring Oct 3, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($20-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 3 expirations converge.
Coterra Energy Max Pain By Expiry
Max pain for CTRA shows an upward trend from 20 to 25, suggesting bullish positioning in longer-dated options. The 22% spread signals divergent expectations across timeframes. Levels distributed around 23.84. Strong magnetic level at 20 (3 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 |
|---|---|---|
| Oct 3, 2025 | 23.5 | n/a (n/a) |
| Oct 10, 2025 | 24 | n/a (n/a) |
| Oct 17, 2025 | 23 | n/a (n/a) |
| Oct 24, 2025 | 24 | n/a (n/a) |
| Oct 31, 2025 | 23 | n/a (n/a) |
| Nov 7, 2025 | 20 | n/a (n/a) |
| Nov 21, 2025 | 23 | n/a (n/a) |
| Jan 16, 2026 | 25 | n/a (n/a) |
| Apr 17, 2026 | 22 | n/a (n/a) |
| Jun 18, 2026 | 25 | n/a (n/a) |
| Sep 18, 2026 | 25 | n/a (n/a) |
| Jan 15, 2027 | 22 | n/a (n/a) |
| Dec 17, 2027 | 20 | n/a (n/a) |
| Jan 21, 2028 | 20 | n/a (n/a) |