Carlyle Secured Lending I... (CGBD)

CGBD trades at $12.5, pinned near the near-term max pain of $12.5 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($12.5-$96.67), reflecting growing call interest at higher strikes. Key magnetic zone at 13 where 4 expirations converge.

Max pain for CGBD shows an upward trend from 12.5 to 96.67, suggesting bullish positioning in longer-dated options. The 287% spread signals divergent expectations across timeframes. Levels distributed around 12.5. Strong magnetic level at 13 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.