Celestica Inc. (CLS)
Celestica Max Pain By Strike
CLS trades at $184.62, 2.8% below the near-term max pain of $190 expiring Aug 22, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($87.5-$195), reflecting growing call interest at higher strikes. Key magnetic zone at 190 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Celestica Max Pain By Expiry
Max pain for CLS shows an upward trend from 87.5 to 195, suggesting bullish positioning in longer-dated options. The 69% spread signals divergent expectations across timeframes. Levels distributed around 184.62. Strong magnetic level at 190 (3 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 | 190 | 5.38 (2.91%) |
| Aug 29, 2025 | 190 | 5.38 (2.91%) |
| Sep 5, 2025 | 195 | 10.38 (5.62%) |
| Sep 12, 2025 | 195 | 10.38 (5.62%) |
| Sep 19, 2025 | 130 | -54.62 (-29.59%) |
| Sep 26, 2025 | 190 | 5.38 (2.91%) |
| Oct 17, 2025 | 185 | 0.38 (0.21%) |
| Nov 21, 2025 | 165 | -19.62 (-10.63%) |
| Dec 19, 2025 | 165 | -19.62 (-10.63%) |
| Jan 16, 2026 | 100 | -84.62 (-45.83%) |
| Mar 20, 2026 | 125 | -59.62 (-32.29%) |
| Jun 18, 2026 | 87.5 | -97.12 (-52.61%) |
| Jan 15, 2027 | 120 | -64.62 (-35.00%) |