Caleres Inc. (CAL)
Caleres Max Pain By Strike
CAL trades at $14.67, 17.4% above the near-term max pain of $12.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 3 expirations converge.
Caleres Max Pain By Expiry
Max pain for CAL shows a downward trend from 95 to 12.5, indicating bearish sentiment or hedging activity. The 270% spread signals divergent expectations across timeframes. Most levels above 14.67 could support dips. Strong magnetic level at 15 (3 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 |
|---|---|---|
| Sep 19, 2025 | 12.5 | -2.17 (-14.79%) |
| Oct 17, 2025 | 15 | 0.33 (2.25%) |
| Nov 21, 2025 | 15 | 0.33 (2.25%) |
| Dec 19, 2025 | 95 | 80.33 (547.58%) |
| Feb 20, 2026 | 15 | 0.33 (2.25%) |