thetaOwl

RH

RHClose $169.97EOD only
Max Pain
$175.00
Next expiry Aug 21, 2026
Expected Move
±$7.13
4.2% from close
Price Gap
+5.03
Distance to max pain
IV Rank
32
Middle-high premium
P/C OI
0.92
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Aug 19, 2026 close
End-of-day snapshot

This page reflects RH options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 19, 2026 close
Max Pain — RH
Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $175.00 (5.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$175.00
Nearest expiry
Expected Move
±$7.13
±4.2%
Days to Expiry
2
Calendar days
Total Call OI
5,103
Nearest expiry
Total Put OI
5,824
Nearest expiry
P/C OI Ratio
1.14
Put-heavy
Spot Price
$169.97
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$165.008/7/2026, 11:32:03 PM
2026-08-14$185.008/14/2026, 11:30:38 PM
2026-08-21NextUpdated$175.008/19/2026, 11:31:57 PM
2026-08-28$180.008/19/2026, 11:31:57 PM
2026-09-04$170.008/19/2026, 11:31:57 PM
2026-09-11$190.008/19/2026, 11:31:57 PM
2026-09-18$170.008/19/2026, 11:31:57 PM
2026-09-25$185.008/19/2026, 11:31:57 PM
2026-11-20$160.008/19/2026, 11:31:57 PM
2026-12-18$155.008/19/2026, 11:31:57 PM
2027-01-15$180.008/19/2026, 11:31:57 PM
2027-02-19$150.008/19/2026, 11:31:57 PM
2027-03-19$175.008/19/2026, 11:31:57 PM
2027-06-17$165.008/19/2026, 11:31:57 PM
Selected expiration: 2026-08-21 at max pain $175.00.
RH pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
6004974150049741500
6504684950046849500
7004396650043966500
7560004108850041094500
80125003822150038234000
85210003535850035379500
90295003250250032532000
95455002974450029790000
100615002715100027212500
105850002459100024676000
1101090002207350022182500
1151365001974950019886000
1201655001743550017601000
1251975001519250015390000
1302785001299800013276500
1353770001087750011254500
14050200089420009444000
14574700071540007901000
150101800057230006741000
152.5118125051370006318250
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.