Eastman Chemical (EMN)
Eastman Chemical Max Pain By Strike
EMN trades at $68.9, 6.0% above the near-term max pain of $65 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($60-$95), signaling increased put positioning or downside protection. Key magnetic zone at 60 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Eastman Chemical Max Pain By Expiry
Max pain for EMN shows a downward trend from 95 to 60, indicating bearish sentiment or hedging activity. The 51% spread signals divergent expectations across timeframes. Levels distributed around 68.9. 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 |
|---|---|---|
| Sep 19, 2025 | 65 | -3.90 (-5.66%) |
| Oct 17, 2025 | 65 | -3.90 (-5.66%) |
| Dec 19, 2025 | 70 | 1.10 (1.60%) |
| Jan 16, 2026 | 95 | 26.10 (37.88%) |
| Mar 20, 2026 | 60 | -8.90 (-12.92%) |
| Dec 18, 2026 | 60 | -8.90 (-12.92%) |