CNA Financial Corporation (CNA)
CNA Financial Max Pain By Strike
CNA trades at $47.42, 5.4% above the near-term max pain of $45 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$450), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
CNA Financial Max Pain By Expiry
Max pain for CNA shows a downward trend from 450 to 25, indicating bearish sentiment or hedging activity. The 348% spread signals divergent expectations across timeframes. Most levels below 47.42 may cap rallies. Strong magnetic level at 45 (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 |
---|---|---|
Sep 19, 2025 | 45 | -2.42 (-5.10%) |
Oct 17, 2025 | 25 | -22.42 (-47.28%) |
Nov 21, 2025 | 45 | -2.42 (-5.10%) |
Jan 16, 2026 | 450 | 402.58 (848.97%) |
Feb 20, 2026 | 45 | -2.42 (-5.10%) |