Cincinnati Financial CorporatioClose $171.35EOD only
Max Pain
$180.00
Next expiry Aug 21, 2026
Expected Move
±$3.60
2.1% from close
Price Gap
+8.65
Distance to max pain
IV Rank
44
Middle-high premium
P/C OI
0.31
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects CINF options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — CINF
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $180.00 (8.65 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$180.00
Nearest expiry
Expected Move
±$3.60
±2.1%
Days to Expiry
3
Calendar days
Total Call OI
2,493
Nearest expiry
Total Put OI
1,213
Nearest expiry
P/C OI Ratio
0.49
Put-heavy
Spot Price
$171.35
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$160.00
6/18/2026, 11:03:32 PM
2026-07-17
$170.00
7/17/2026, 11:04:29 PM
2026-08-21NextUpdated
$180.00
8/18/2026, 11:08:04 PM
2026-09-18
$150.00
8/18/2026, 11:08:04 PM
2026-11-20
$170.00
8/18/2026, 11:08:04 PM
2026-12-18
$160.00
8/18/2026, 11:08:04 PM
2027-03-19
$135.00
8/18/2026, 11:08:04 PM
Selected expiration: 2026-08-21 at max pain $180.00.
CINF pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
5924000
5924000
130
0
4732000
4732000
135
0
4141500
4141500
140
0
3552000
3552000
145
0
2973500
2973500
150
0
2397000
2397000
155
0
1822500
1822500
160
0
1249500
1249500
165
0
864000
864000
170
2000
545000
547000
175
31000
260000
291000
180
95000
6000
101000
185
467000
0
467000
190
1104500
0
1104500
195
1845000
0
1845000
200
2858000
0
2858000
210
5015000
0
5015000
220
7506000
0
7506000
230
9998000
0
9998000
240
12491000
0
12491000
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.