Carnival Corporation & (CCL)
Carnival & Max Pain By Strike
CCL trades at $28.55, 3.2% below the near-term max pain of $29.5 expiring Oct 10, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($20-$30), indicating stable market expectations. Key magnetic zone at 30 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Carnival & Max Pain By Expiry
Max pain for CCL shows stable levels around 27.09, reflecting balanced market expectations. The 37% spread signals divergent expectations across timeframes. Levels distributed around 28.55. Strong magnetic level at 30 (5 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 |
|---|---|---|
| Oct 10, 2025 | 29.5 | n/a (n/a) |
| Oct 17, 2025 | 29 | n/a (n/a) |
| Oct 24, 2025 | 29 | n/a (n/a) |
| Oct 31, 2025 | 28 | n/a (n/a) |
| Nov 7, 2025 | 28 | n/a (n/a) |
| Nov 14, 2025 | 30 | n/a (n/a) |
| Nov 21, 2025 | 30 | n/a (n/a) |
| Dec 19, 2025 | 25 | n/a (n/a) |
| Jan 16, 2026 | 23 | n/a (n/a) |
| Mar 20, 2026 | 27 | n/a (n/a) |
| Apr 17, 2026 | 30 | n/a (n/a) |
| Jun 18, 2026 | 27 | n/a (n/a) |
| Sep 18, 2026 | 30 | n/a (n/a) |
| Dec 18, 2026 | 20 | n/a (n/a) |
| Jan 15, 2027 | 25 | n/a (n/a) |
| Dec 17, 2027 | 25 | n/a (n/a) |
| Jan 21, 2028 | 25 | n/a (n/a) |