This page reflects RDVT 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 — RDVT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $40.00 (25.52 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$2.55
±3.9%
Days to Expiry
15
Calendar days
Total Call OI
228
Nearest expiry
Total Put OI
170
Nearest expiry
P/C OI Ratio
0.75
Put-heavy
Spot Price
$65.52
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$30.00
5/15/2026, 11:34:07 PM
2026-06-18
$40.00
6/18/2026, 11:25:12 PM
2026-07-17NextUpdated
$40.00
7/3/2026, 11:25:18 PM
2026-08-21
$45.00
7/3/2026, 11:25:18 PM
2026-10-16
$40.00
7/3/2026, 11:25:18 PM
2027-01-15
$50.00
7/3/2026, 11:25:18 PM
Selected expiration: 2026-07-17 at max pain $40.00.
RDVT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
228500
228500
25
0
186000
186000
30
0
101000
101000
35
1500
23500
25000
40
3500
15500
19000
45
32500
11000
43500
50
61500
6500
68000
55
92000
3000
95000
60
144500
0
144500
65
212500
0
212500
70
325000
0
325000
75
438000
0
438000
80
551500
0
551500
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.