Coterra Energy Inc. (CTRA)
Coterra Energy Max Pain By Strike
CTRA trades at $24.07, pinned near the near-term max pain of $24 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($22-$25), signaling increased put positioning or downside protection. Key magnetic zone at 24 where 5 expirations converge.
Coterra Energy Max Pain By Expiry
Max pain for CTRA shows a downward trend from 25 to 22, indicating bearish sentiment or hedging activity. The 12% spread signals divergent expectations across timeframes. Levels distributed around 24.07. Strong magnetic level at 24 (5 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 | 24 | -0.07 (-0.29%) |
| Aug 22, 2025 | 24 | -0.07 (-0.29%) |
| Aug 29, 2025 | 24 | -0.07 (-0.29%) |
| Sep 5, 2025 | 24 | -0.07 (-0.29%) |
| Sep 12, 2025 | 25 | 0.93 (3.87%) |
| Sep 19, 2025 | 25 | 0.93 (3.87%) |
| Sep 26, 2025 | 24 | -0.07 (-0.29%) |
| Oct 17, 2025 | 23 | -1.07 (-4.44%) |
| Jan 16, 2026 | 25 | 0.93 (3.87%) |
| Jun 18, 2026 | 25 | 0.93 (3.87%) |
| Jan 15, 2027 | 22 | -2.07 (-8.60%) |