thetaOwl

RCAT

Red Cat Holdings, Inc.Close $10.44EOD only
Max Pain
$11.00
Next expiry Jul 10, 2026
Expected Move
±$1.24
11.9% from close
Price Gap
+0.56
Distance to max pain
IV Rank
36
Middle-high premium
P/C OI
0.36
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects RCAT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jul 2, 2026 close
Max Pain — RCAT
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $11.00 (0.56 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$11.00
Nearest expiry
Expected Move
±$1.24
±11.9%
Days to Expiry
8
Calendar days
Total Call OI
7,146
Nearest expiry
Total Put OI
8,125
Nearest expiry
P/C OI Ratio
1.14
Put-heavy
Spot Price
$10.44
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$10.006/26/2026, 11:26:02 PM
2026-07-02$10.507/2/2026, 11:28:09 PM
2026-07-10NextUpdated$11.007/3/2026, 11:25:15 PM
2026-07-17$11.007/3/2026, 11:25:15 PM
2026-07-24$10.507/3/2026, 11:25:15 PM
2026-07-31$10.507/3/2026, 11:25:15 PM
2026-08-07$10.007/3/2026, 11:25:15 PM
2026-08-21$10.007/3/2026, 11:25:15 PM
2026-10-16$12.007/3/2026, 11:25:15 PM
2026-11-20$11.007/3/2026, 11:25:15 PM
2027-01-15$7.007/3/2026, 11:25:15 PM
Selected expiration: 2026-07-10 at max pain $11.00.
RCAT pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
3052619505261950
580036369503637750
5.5105032357003236750
6140028344502835850
6.5190024332002435100
7260020319502034550
7.5370016311001634800
8500013106001315600
8.5685010349501041800
98800772000780800
9.515150529550544700
1027200315300342500
10.555500211650267150
11107850158750266600
11.5220250111400331650
1238340071900455300
12.559575050650646400
1382800033950861950
13.51090350185001108850
14136730063501373650
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.