Calumet Inc. (CLMT)
Calumet Max Pain By Strike
CLMT trades at $13.26, 11.6% below the near-term max pain of $15 expiring Sep 19, 2025 (30 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($13-$17), reflecting growing call interest at higher strikes. Key magnetic zone at 13 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Calumet Max Pain By Expiry
Max pain for CLMT shows an upward trend from 13 to 17, suggesting bullish positioning in longer-dated options. The 26% spread signals divergent expectations across timeframes. Most levels above 13.26 could support dips. 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 | 15 | 1.74 (13.12%) |
| Oct 17, 2025 | 13 | -0.26 (-1.96%) |
| Nov 21, 2025 | 17 | 3.74 (28.21%) |
| Jan 16, 2026 | 15 | 1.74 (13.12%) |
| Feb 20, 2026 | 16 | 2.74 (20.66%) |
| Jan 15, 2027 | 13 | -0.26 (-1.96%) |
| Dec 17, 2027 | 17 | 3.74 (28.21%) |