REX American Resources CorporatClose $43.37EOD only
Max Pain
$35.00
Next expiry Nov 20, 2026
Expected Move
±$4.97
11.5% from close
Price Gap
-8.37
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.09
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects REX 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 — REX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-11-20 shows max pain at $35.00 (8.37 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$4.97
±11.5%
Days to Expiry
49
Calendar days
Total Call OI
201
Nearest expiry
Total Put OI
17
Nearest expiry
P/C OI Ratio
0.08
Put-heavy
Spot Price
$43.37
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-11-20
Expiration
Max Pain Strike
Last Updated
2026-08-21
$40.00
8/21/2026, 11:28:31 PM
2026-09-18
$40.00
9/18/2026, 11:28:39 PM
2026-11-20NextUpdated
$35.00
10/2/2026, 11:23:36 PM
2027-02-19
$30.00
10/2/2026, 11:23:36 PM
Selected expiration: 2026-11-20 at max pain $35.00.
REX pain by strike for 2026-11-20 expiration
Strike
Call Pain
Put Pain
Total Pain
20
0
29000
29000
22.5
250
24750
25000
25
750
20500
21250
30
1750
12000
13750
35
5750
5500
11250
40
13250
3000
16250
45
20750
1500
22250
50
36250
1000
37250
55
51750
500
52250
60
144750
0
144750
65
240750
0
240750
70
337750
0
337750
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.