thetaOwl

RH

RHClose $139.08EOD only
Max Pain
$116.00
Next expiry May 22, 2026
Expected Move
±$2.12
1.5% from close
Price Gap
-23.08
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.79
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 21, 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
May 21, 2026 close
Max Pain — RH
Data as of market close May 21, 2026

Nearest listed expiration 2026-05-22 shows max pain at $116.00 (23.08 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$116.00
Nearest expiry
Expected Move
±$2.12
±1.5%
Days to Expiry
1
Calendar days
Total Call OI
5,079
Nearest expiry
Total Put OI
1,394
Nearest expiry
P/C OI Ratio
0.27
Put-heavy
Spot Price
$139.08
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$129.005/8/2026, 11:26:35 PM
2026-05-15$130.005/15/2026, 11:34:32 PM
2026-05-22NextUpdated$116.005/21/2026, 11:34:23 PM
2026-05-29$130.005/21/2026, 11:34:23 PM
2026-06-05$125.005/21/2026, 11:34:23 PM
2026-06-12$122.005/21/2026, 11:34:23 PM
2026-06-18$155.005/21/2026, 11:34:23 PM
2026-06-26$130.005/21/2026, 11:34:23 PM
2026-07-17$155.005/21/2026, 11:34:23 PM
2026-08-21$150.005/21/2026, 11:34:23 PM
2026-09-18$150.005/21/2026, 11:34:23 PM
2026-11-20$120.005/21/2026, 11:34:23 PM
2026-12-18$135.005/21/2026, 11:34:23 PM
2027-01-15$180.005/21/2026, 11:34:23 PM
2027-03-19$150.005/21/2026, 11:34:23 PM
Selected expiration: 2026-05-22 at max pain $116.00.
RH pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
75059172005917200
80052227005222700
85045297004529700
95031467003146700
96030090003009000
100024590002459000
102021910002191000
105017893001789300
106016590001659000
10730015301001530400
108100014012001402200
109240012828001285200
110450011726001177100
111700010848001091800
112384009977001036100
113994009124001011800
114161800828300990100
115224300748100972400
116286800680200967000
117351800622100973900
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.