Covenant Logistics Group ... (CVLG)
Covenant Logistics Max Pain By Strike
CVLG trades at $25.03, pinned near the near-term max pain of $25 expiring Sep 19, 2025 (25 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($22.5-$30), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Covenant Logistics Max Pain By Expiry
Max pain for CVLG shows a downward trend from 30 to 22.5, indicating bearish sentiment or hedging activity. The 30% spread signals divergent expectations across timeframes. Most levels below 25.03 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 | 25 | -0.03 (-0.12%) |
| Oct 17, 2025 | 22.5 | -2.53 (-10.11%) |
| Dec 19, 2025 | 22.5 | -2.53 (-10.11%) |
| Mar 20, 2026 | 30 | 4.97 (19.86%) |