This page reflects RCAT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — RCAT
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $10.00 (0.20 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$0.80
±7.8%
Days to Expiry
3
Calendar days
Total Call OI
44,780
Nearest expiry
Total Put OI
16,009
Nearest expiry
P/C OI Ratio
0.36
Put-heavy
Spot Price
$10.20
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-08-07
$8.00
8/7/2026, 11:31:01 PM
2026-08-14
$9.00
8/14/2026, 11:33:20 PM
2026-08-21NextUpdated
$10.00
8/18/2026, 11:29:03 PM
2026-08-28
$10.00
8/18/2026, 11:29:03 PM
2026-09-04
$10.00
8/18/2026, 11:29:03 PM
2026-09-11
$9.00
8/18/2026, 11:29:03 PM
2026-09-18
$9.00
8/18/2026, 11:29:03 PM
2026-09-25
$9.00
8/18/2026, 11:29:03 PM
2026-10-02
$10.50
8/18/2026, 11:29:03 PM
2026-10-16
$11.00
8/18/2026, 11:29:03 PM
2026-11-20
$9.00
8/18/2026, 11:29:03 PM
2027-01-15
$7.00
8/18/2026, 11:29:03 PM
Selected expiration: 2026-08-21 at max pain $10.00.
RCAT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
10613100
10613100
2
700
9012300
9013000
3
1900
7411500
7413400
4
3300
5921300
5924600
4.5
4250
5176750
5181000
5
5350
4432750
4438100
5.5
6800
3807350
3814150
6
8450
3182600
3191050
6.5
17650
2609050
2626700
7
27350
2090900
2118250
7.5
50550
1685050
1735600
8
80550
1283950
1364500
8.5
140850
971650
1112500
9
217050
675300
892350
9.5
355600
401450
757050
10
509600
203700
713300
10.5
828200
110600
938800
11
1203450
67000
1270450
11.5
1804300
47500
1851800
12
2483600
32700
2516300
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.