thetaOwl

RH

RHClose $133.16EOD only
Max Pain
$116.00
Next expiry May 22, 2026
Expected Move
±$6.05
4.5% from close
Price Gap
-17.16
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.84
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 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 20, 2026 close
Max Pain — RH
Data as of market close May 20, 2026

Nearest listed expiration 2026-05-22 shows max pain at $116.00 (17.16 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
±$6.05
±4.5%
Days to Expiry
2
Calendar days
Total Call OI
3,930
Nearest expiry
Total Put OI
1,366
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$133.16
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$116.005/20/2026, 11:30:25 PM
2026-05-29$130.005/20/2026, 11:30:25 PM
2026-06-05$125.005/20/2026, 11:30:25 PM
2026-06-12$122.005/20/2026, 11:30:25 PM
2026-06-18$155.005/20/2026, 11:30:25 PM
2026-06-26$130.005/20/2026, 11:30:25 PM
2026-07-17$160.005/20/2026, 11:30:25 PM
2026-08-21$150.005/20/2026, 11:30:25 PM
2026-09-18$150.005/20/2026, 11:30:25 PM
2026-11-20$120.005/20/2026, 11:30:25 PM
2026-12-18$135.005/20/2026, 11:30:25 PM
2027-01-15$180.005/20/2026, 11:30:25 PM
2027-03-19$150.005/20/2026, 11:30:25 PM
Selected expiration: 2026-05-22 at max pain $116.00.
RH pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
75056913005691300
80050098005009800
85043298004329800
95029728002972800
96028377002837700
100022981002298100
102020371002037100
105016459001645900
106015192001519200
10730013939001394200
10890012686001269500
109210011557001157800
110400010511001055100
1116400970600977000
11237700890600928300
11398400812300910700
114160100735200895300
115221900660900882800
116283700598800882500
117348700546500895200
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.