Covenant Logistics Group ... (CVLG)
Covenant Logistics Max Pain By Strike
CVLG trades at $21.62, 13.5% below the near-term max pain of $25 expiring Oct 17, 2025 (18 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($20-$30), signaling increased put positioning or downside protection. 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 20, indicating bearish sentiment or hedging activity. The 41% spread signals divergent expectations across timeframes. Most levels above 21.62 could support dips. 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 17, 2025 | 25 | n/a (n/a) |
| Nov 21, 2025 | 20 | n/a (n/a) |
| Dec 19, 2025 | 22.5 | n/a (n/a) |
| Mar 20, 2026 | 30 | n/a (n/a) |