Canopy Growth Corporation (CGC)
Canopy Growth Max Pain By Strike
CGC trades at $1.36, 36.0% above the near-term max pain of $1 expiring Aug 22, 2025 (3 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$2), reflecting growing call interest at higher strikes. Key magnetic zone at 1 where 7 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Canopy Growth Max Pain By Expiry
Max pain for CGC shows an upward trend from 1 to 2, suggesting bullish positioning in longer-dated options. The 83% spread signals divergent expectations across timeframes. Levels distributed around 1.36. Strong magnetic level at 1 (7 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 |
---|---|---|
Aug 22, 2025 | 1 | -0.36 (-26.74%) |
Aug 29, 2025 | 1.5 | 0.14 (9.89%) |
Sep 5, 2025 | 1.5 | 0.14 (9.89%) |
Sep 12, 2025 | 1 | -0.36 (-26.74%) |
Sep 19, 2025 | 1 | -0.36 (-26.74%) |
Sep 26, 2025 | 1 | -0.36 (-26.74%) |
Oct 17, 2025 | 2 | 0.64 (46.52%) |
Jan 16, 2026 | 1 | -0.36 (-26.74%) |
Apr 17, 2026 | 1 | -0.36 (-26.74%) |
Jan 15, 2027 | 1 | -0.36 (-26.74%) |