Campbell Soup (CPB)
Campbell Soup Max Pain By Strike
CPB trades at $32.69, 3.8% above the near-term max pain of $31.5 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($18-$35), signaling increased put positioning or downside protection. Key magnetic zone at 32 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Campbell Soup Max Pain By Expiry
Max pain for CPB shows a downward trend from 35 to 18, indicating bearish sentiment or hedging activity. The 54% spread signals divergent expectations across timeframes. Levels distributed around 32.69. Strong magnetic level at 32 (5 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 | 31.5 | -1.19 (-3.64%) |
| Aug 29, 2025 | 30 | -2.69 (-8.23%) |
| Sep 5, 2025 | 32 | -0.69 (-2.11%) |
| Sep 12, 2025 | 32 | -0.69 (-2.11%) |
| Sep 19, 2025 | 32 | -0.69 (-2.11%) |
| Sep 26, 2025 | 35 | 2.31 (7.07%) |
| Oct 17, 2025 | 33 | 0.31 (0.95%) |
| Nov 21, 2025 | 31 | -1.69 (-5.17%) |
| Jan 16, 2026 | 35 | 2.31 (7.07%) |
| Feb 20, 2026 | 32 | -0.69 (-2.11%) |
| Jun 18, 2026 | 35 | 2.31 (7.07%) |
| Sep 18, 2026 | 18 | -14.69 (-44.94%) |
| Jan 15, 2027 | 30 | -2.69 (-8.23%) |