CUMMINS INC (CMI) Open Interest

CUMMINS INC (CMI) has 10,142 call contracts and 10,794 put contracts open across all listed expirations — a put/call open interest ratio of 1.06. Open interest counts the contracts currently outstanding at each strike. This page shows where CMI positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$676.45
52-week range
$338.84 – $734.00
ATM IV (30d)
41.2%
IV rank
17 / 100
Low
Expected move
±$38.63 (±5.7%)
Put/call OI
1.06
Max pain
$640
↓ 5.4% below close
Next earnings
Aug 2, 2026

CMI Open Interest by Strike

0324648972SpotMax painCall wallPut wall510560610660710760810

CMI open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest10,142
Total put open interest10,794
Put/call OI ratio1.06
Open interest rank (31 day)64 / 100
Call wall (largest call OI)$700
Put wall (largest put OI)$600
Top volume strike$670
Volume / OI ratio0.03

CMI Open Interest Trend

5.3K8.2K11K13.9K16.8KCall OIPut OIFeb '26May '26Jul '26

CMI total call vs. put open interest, past year.

0.640.750.870.991.10Feb '26May '26Jul '26

CMI put/call open interest ratio, past year.

A put/call open interest ratio of 1.06 means calls and puts are outstanding in roughly typical proportions. In total, 10,142 call contracts and 10,794 put contracts are open across all listed expirations. The put/call OI ratio has risen from 0.68 in Feb '26 to 1.06 today.

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CMI Options FAQ

What is CMI's put/call ratio?

CMI's put/call open interest ratio is 1.06 as of Jul 10, 2026, with 10,794 put contracts and 10,142 call contracts outstanding.

Which CMI strikes have the highest open interest?

As of Jul 10, 2026, the largest call open interest sits at $700 (the call wall) and the largest put open interest sits at $600 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is CMI open interest unusually high right now?

CMI's total open interest ranks 64 out of 100 versus the past 31 trading days as of Jul 10, 2026 — in the middle of its recent range.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.