Centerra Gold Inc. (CGAU)
Centerra Gold Max Pain By Strike
CGAU trades at $7.09, 5.5% below the near-term max pain of $7.5 expiring Sep 19, 2025 (31 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($5-$97.5), reflecting growing call interest at higher strikes. Key magnetic zone at 5 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Centerra Gold Max Pain By Expiry
Max pain for CGAU shows an upward trend from 5 to 97.5, suggesting bullish positioning in longer-dated options. The 378% spread signals divergent expectations across timeframes. Levels distributed around 7.09. 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 | 7.5 | 0.41 (5.78%) |
| Oct 17, 2025 | 5 | -2.09 (-29.48%) |
| Dec 19, 2025 | 97.5 | 90.41 (1275.18%) |
| Jan 16, 2026 | 5 | -2.09 (-29.48%) |
| Apr 17, 2026 | 7.5 | 0.41 (5.78%) |