Corning (GLW)
Corning Max Pain By Strike
GLW trades at $65.42, 30.8% above the near-term max pain of $50 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$64), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Corning Max Pain By Expiry
Max pain for GLW shows a downward trend from 64 to 35, indicating bearish sentiment or hedging activity. The 55% spread signals divergent expectations across timeframes. Most levels below 65.42 may cap rallies. Strong magnetic level at 50 (4 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 | 50 | -15.42 (-23.58%) |
| Aug 22, 2025 | 62 | -3.42 (-5.24%) |
| Aug 29, 2025 | 61 | -4.42 (-6.76%) |
| Sep 5, 2025 | 64 | -1.42 (-2.18%) |
| Sep 12, 2025 | 63 | -2.42 (-3.71%) |
| Sep 19, 2025 | 50 | -15.42 (-23.58%) |
| Sep 26, 2025 | 63 | -2.42 (-3.71%) |
| Oct 17, 2025 | 60 | -5.42 (-8.29%) |
| Nov 21, 2025 | 47 | -18.42 (-28.16%) |
| Jan 16, 2026 | 40 | -25.42 (-38.86%) |
| Feb 20, 2026 | 55 | -10.42 (-15.93%) |
| Mar 20, 2026 | 50 | -15.42 (-23.58%) |
| Jun 18, 2026 | 50 | -15.42 (-23.58%) |
| Sep 18, 2026 | 55 | -10.42 (-15.93%) |
| Jan 15, 2027 | 38 | -27.42 (-41.92%) |
| Dec 17, 2027 | 35 | -30.42 (-46.50%) |