Canadian National Railway (CNI)
Canadian National Railway Max Pain By Strike
CNI trades at $96.58, pinned near the near-term max pain of $95 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($90-$100), reflecting growing call interest at higher strikes. Key magnetic zone at 95 where 2 expirations converge.
Canadian National Railway Max Pain By Expiry
Max pain for CNI shows an upward trend from 90 to 100, suggesting bullish positioning in longer-dated options. The 11% spread signals divergent expectations across timeframes. Most levels below 96.58 may cap rallies. 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 | 95 | -1.58 (-1.63%) |
| Oct 17, 2025 | 100 | 3.42 (3.55%) |
| Jan 16, 2026 | 95 | -1.58 (-1.63%) |
| Apr 17, 2026 | 90 | -6.58 (-6.81%) |