Coterra Energy Inc. (CTRA)
Coterra Energy Max Pain By Strike
CTRA trades at $23.43, pinned near the near-term max pain of $23.5 expiring Aug 22, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($13-$25), indicating stable market expectations. Key magnetic zone at 24 where 5 expirations converge.
Coterra Energy Max Pain By Expiry
Max pain for CTRA shows stable levels around 22.04, reflecting balanced market expectations. The 54% spread signals divergent expectations across timeframes. Levels distributed around 23.43. Strong magnetic level at 24 (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 | 23.5 | 0.07 (0.30%) |
| Aug 29, 2025 | 24 | 0.57 (2.43%) |
| Sep 5, 2025 | 24 | 0.57 (2.43%) |
| Sep 12, 2025 | 24 | 0.57 (2.43%) |
| Sep 19, 2025 | 24 | 0.57 (2.43%) |
| Sep 26, 2025 | 23 | -0.43 (-1.84%) |
| Oct 3, 2025 | 13 | -10.43 (-44.52%) |
| Oct 17, 2025 | 23 | -0.43 (-1.84%) |
| Jan 16, 2026 | 25 | 1.57 (6.70%) |
| Apr 17, 2026 | 23 | -0.43 (-1.84%) |
| Jun 18, 2026 | 25 | 1.57 (6.70%) |
| Sep 18, 2026 | 13 | -10.43 (-44.52%) |
| Jan 15, 2027 | 22 | -1.43 (-6.10%) |