thetaOwl

CFG

Citizens Financial Group, Inc.Close $70.76EOD only
Max Pain
$70.00
Next expiry Aug 21, 2026
Expected Move
±$1.80
2.5% from close
Price Gap
-0.76
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.43
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 19, 2026 close
End-of-day snapshot

This page reflects CFG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 19, 2026 close
Max Pain — CFG
Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $70.00 (0.76 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$1.80
±2.5%
Days to Expiry
2
Calendar days
Total Call OI
7,174
Nearest expiry
Total Put OI
2,012
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$70.76
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$65.006/18/2026, 11:03:56 PM
2026-07-17$65.007/17/2026, 11:09:38 PM
2026-08-21NextUpdated$70.008/19/2026, 11:08:55 PM
2026-09-18$70.008/19/2026, 11:08:55 PM
2026-10-16$65.008/19/2026, 11:08:55 PM
2026-11-20$67.508/19/2026, 11:08:55 PM
2027-01-15$45.008/19/2026, 11:08:55 PM
Selected expiration: 2026-08-21 at max pain $70.00.
CFG pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
45048555004855500
50038550003855000
55150028550002856500
57.5225023792502381500
60300019105001913500
62.5375014495001453250
6555009945001000000
67.518000552250570250
7076500131500208000
72.52995005000304500
756212500621250
77.5201550002015500
80348150003481500
82.5527375005273750
85706650007066500
9010652500010652500
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.