Cigna Group (CI)
Cigna Max Pain By Strike
CI trades at $298.56, 7.6% above the near-term max pain of $277.5 expiring Aug 22, 2025 (3 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($170-$320), signaling increased put positioning or downside protection. Key magnetic zone at 300 where 3 expirations converge.
Cigna Max Pain By Expiry
Max pain for CI shows a downward trend from 320 to 170, indicating bearish sentiment or hedging activity. The 54% spread signals divergent expectations across timeframes. Levels distributed around 298.56. Strong magnetic level at 300 (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 |
|---|---|---|
| Aug 22, 2025 | 277.5 | -21.06 (-7.05%) |
| Aug 29, 2025 | 280 | -18.56 (-6.22%) |
| Sep 5, 2025 | 270 | -28.56 (-9.57%) |
| Sep 12, 2025 | 280 | -18.56 (-6.22%) |
| Sep 19, 2025 | 290 | -8.56 (-2.87%) |
| Sep 26, 2025 | 285 | -13.56 (-4.54%) |
| Oct 17, 2025 | 300 | 1.44 (0.48%) |
| Dec 19, 2025 | 310 | 11.44 (3.83%) |
| Jan 16, 2026 | 290 | -8.56 (-2.87%) |
| Mar 20, 2026 | 300 | 1.44 (0.48%) |
| Apr 17, 2026 | 170 | -128.56 (-43.06%) |
| Jun 18, 2026 | 310 | 11.44 (3.83%) |
| Sep 18, 2026 | 300 | 1.44 (0.48%) |
| Dec 18, 2026 | 320 | 21.44 (7.18%) |
| Jan 15, 2027 | 180 | -118.56 (-39.71%) |