(CSD)

CSD trades at $89.45, 10.4% above the near-term max pain of $81 expiring Sep 19, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($61-$83), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CSD shows a downward trend from 83 to 61, indicating bearish sentiment or hedging activity. The 29% spread signals divergent expectations across timeframes. Most levels below 89.45 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.