Celanese Corporation (CE)

CE trades at $45.16, 9.7% below the near-term max pain of $50 expiring Oct 17, 2025 (11 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($40-$65), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CE shows a downward trend from 65 to 40, indicating bearish sentiment or hedging activity. The 51% spread signals divergent expectations across timeframes. Levels distributed around 45.16. Strong magnetic level at 45 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.