(CSM)
Max Pain By Strike
CSM trades at $74.12, 39.8% above the near-term max pain of $53 expiring Sep 19, 2025 (28 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($53-$80), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for CSM shows a downward trend from 80 to 53, indicating bearish sentiment or hedging activity. The 42% spread signals divergent expectations across timeframes. Most levels below 74.12 may cap rallies. 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 | 53 | -21.12 (-28.49%) |
Oct 17, 2025 | 68 | -6.12 (-8.26%) |
Dec 19, 2025 | 56 | -18.12 (-24.45%) |
Jan 16, 2026 | 80 | 5.88 (7.93%) |
Mar 20, 2026 | 66 | -8.12 (-10.96%) |