Caesars Entertainment Inc... (CZR)
Caesars Entertainment Max Pain By Strike
CZR trades at $25.68, pinned near the near-term max pain of $25.5 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($25-$40), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Caesars Entertainment Max Pain By Expiry
Max pain for CZR shows a downward trend from 40 to 25, indicating bearish sentiment or hedging activity. The 54% spread signals divergent expectations across timeframes. Levels distributed around 25.68. Strong magnetic level at 25 (3 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 | 25.5 | -0.18 (-0.68%) |
| Aug 29, 2025 | 25 | -0.68 (-2.63%) |
| Sep 5, 2025 | 25 | -0.68 (-2.63%) |
| Sep 12, 2025 | 26 | 0.32 (1.27%) |
| Sep 19, 2025 | 28 | 2.32 (9.06%) |
| Sep 26, 2025 | 25 | -0.68 (-2.63%) |
| Oct 17, 2025 | 26 | 0.32 (1.27%) |
| Dec 19, 2025 | 27 | 1.32 (5.16%) |
| Jan 16, 2026 | 28 | 2.32 (9.06%) |
| Mar 20, 2026 | 29 | 3.32 (12.95%) |
| Jun 18, 2026 | 30 | 4.32 (16.85%) |
| Dec 18, 2026 | 40 | 14.32 (55.79%) |
| Jan 15, 2027 | 28 | 2.32 (9.06%) |