This page reflects RELY 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 — RELY
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $20.00 (1.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$1.60
±7.3%
Days to Expiry
14
Calendar days
Total Call OI
6,520
Nearest expiry
Total Put OI
2,177
Nearest expiry
P/C OI Ratio
0.33
Put-heavy
Spot Price
$21.77
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$24.00
8/21/2026, 11:25:22 PM
2026-09-18
$23.00
9/18/2026, 11:27:27 PM
2026-10-16NextUpdated
$20.00
10/2/2026, 11:27:00 PM
2026-11-20
$23.00
10/2/2026, 11:27:00 PM
2026-12-18
$15.00
10/2/2026, 11:27:00 PM
2027-01-15
$15.00
10/2/2026, 11:27:00 PM
2027-04-16
$21.00
10/2/2026, 11:27:00 PM
Selected expiration: 2026-10-16 at max pain $20.00.
RELY pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
3796450
3796450
5
20750
3252700
3273450
6
30650
3035200
3065850
7.5
45650
2708950
2754600
9
60650
2382700
2443350
10
70750
2165200
2235950
11
80850
1947700
2028550
12.5
96150
1621450
1717600
14
111450
1297300
1408750
15
122250
1082400
1204650
16
133050
871300
1004350
17.5
149400
555550
704950
19
167850
290200
458050
20
182950
177800
360750
21
365950
96300
462250
22.5
662050
23250
685300
24
976150
7200
983350
25
1213050
400
1213450
26
1604550
0
1604550
27
2052650
0
2052650
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.