Citizens Financial Group, Inc.Close $64.33EOD only
Max Pain
$65.00
Next expiry Oct 16, 2026
Expected Move
±$3.40
5.3% from close
Price Gap
+0.67
Distance to max pain
IV Rank
19
Low premium
P/C OI
0.43
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 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
Oct 2, 2026 close
Max Pain — CFG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $65.00 (0.67 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$3.40
±5.3%
Days to Expiry
14
Calendar days
Total Call OI
5,766
Nearest expiry
Total Put OI
3,716
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$64.33
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$70.00
8/21/2026, 11:07:31 PM
2026-09-18
$70.00
9/18/2026, 11:08:33 PM
2026-10-16NextUpdated
$65.00
10/2/2026, 11:03:55 PM
2026-11-20
$67.50
10/2/2026, 11:03:55 PM
2027-01-15
$45.00
10/2/2026, 11:03:55 PM
2027-04-16
$55.00
10/2/2026, 11:03:55 PM
Selected expiration: 2026-10-16 at max pain $65.00.
CFG pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
32.5
0
10673000
10673000
35
0
9744000
9744000
42.5
0
6960000
6960000
45
0
6033500
6033500
47.5
0
5109750
5109750
50
0
4186000
4186000
52.5
6750
3282000
3288750
55
23750
2486250
2510000
57.5
48500
1716000
1764500
60
79750
1076000
1155750
62.5
116000
564750
680750
65
178000
159000
337000
67.5
284750
59250
344000
70
495500
10500
506000
72.5
838750
2500
841250
75
1787250
0
1787250
77.5
2912250
0
2912250
80
4079500
0
4079500
82.5
5520500
0
5520500
85
6961750
0
6961750
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.