Covenant Logistics Group ... (CVLG)
Covenant Logistics Max Pain By Strike
CVLG trades at $24, 4.0% below the near-term max pain of $25 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12.5-$30), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Covenant Logistics Max Pain By Expiry
Max pain for CVLG shows a downward trend from 30 to 12.5, indicating bearish sentiment or hedging activity. The 76% spread signals divergent expectations across timeframes. Levels distributed around 24. 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 | 25 | 1.00 (4.17%) |
| Sep 19, 2025 | 25 | 1.00 (4.17%) |
| Oct 17, 2025 | 12.5 | -11.50 (-47.92%) |
| Dec 19, 2025 | 22.5 | -1.50 (-6.25%) |
| Mar 20, 2026 | 30 | 6.00 (25.00%) |