thetaOwl

RCAT

Red Cat Holdings, Inc.Close $6.40EOD only
Max Pain
$7.00
Next expiry Oct 9, 2026
Expected Move
±$0.48
7.5% from close
Price Gap
+0.60
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.35
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 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
Oct 2, 2026 close
Max Pain — RCAT
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $7.00 (0.60 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.48
±7.5%
Days to Expiry
7
Calendar days
Total Call OI
3,696
Nearest expiry
Total Put OI
6,382
Nearest expiry
P/C OI Ratio
1.73
Put-heavy
Spot Price
$6.40
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$7.009/25/2026, 11:25:07 PM
2026-10-02Updated$6.5010/2/2026, 11:26:43 PM
2026-10-09Next$7.0010/2/2026, 11:26:43 PM
2026-10-16$8.0010/2/2026, 11:26:43 PM
2026-10-23$6.5010/2/2026, 11:26:43 PM
2026-10-30$7.5010/2/2026, 11:26:43 PM
2026-11-06$7.5010/2/2026, 11:26:43 PM
2026-11-20$7.0010/2/2026, 11:26:43 PM
2027-01-15$7.0010/2/2026, 11:26:43 PM
2027-04-16$7.0010/2/2026, 11:26:43 PM
Selected expiration: 2026-10-09 at max pain $7.00.
RCAT pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
3018796001879600
3.525015681001568350
465012566001257250
4.51100945150946250
52050633700635750
5.53250475150478400
64550318050322600
6.515000181400196400
760850108300169150
7.516950061250230750
831670028200344900
8.54774009000486400
96511006500657600
9.58382505050843300
10102875037001032450
10.5122605026501228700
11143400016501435650
11.5164405010501645100
1218544004501854850
12.520662503002066550
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.