thetaOwl

RIGL

Rigel Pharmaceuticals, Inc.Close $43.62EOD only
Max Pain
$37.00
Next expiry Aug 21, 2026
Expected Move
±$1.07
2.5% from close
Price Gap
-6.62
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.48
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

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

Published Snapshot
Aug 18, 2026 close
Max Pain — RIGL
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $37.00 (6.62 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$37.00
Nearest expiry
Expected Move
±$1.07
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
500
Nearest expiry
Total Put OI
447
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$43.62
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
2026-06-18$30.006/18/2026, 11:25:52 PM
2026-07-17$40.007/17/2026, 11:35:50 PM
2026-08-21NextUpdated$37.008/18/2026, 11:26:29 PM
2026-09-18$30.008/18/2026, 11:26:29 PM
2026-12-18$31.008/18/2026, 11:26:29 PM
2027-03-19$38.008/18/2026, 11:26:29 PM
Selected expiration: 2026-08-21 at max pain $37.00.
RIGL pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
200558900558900
250335400335400
280202500202500
290158400158400
300114500114500
312008710087300
324006600066400
3312004490046100
3421002380025900
3531001260015700
3647001010014800
376500760014100
388800530014100
3914400310017500
4020400100021400
412830040028700
423690020037100
4347000047000
4459900059900
4573400073400
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.