This page reflects RILY 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 — RILY
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $8.50 (0.96 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$8.50
Nearest expiry
Expected Move
±$0.55
±5.8%
Days to Expiry
2
Calendar days
Total Call OI
15,941
Nearest expiry
Total Put OI
3,134
Nearest expiry
P/C OI Ratio
0.20
Put-heavy
Spot Price
$9.46
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$8.00
5/8/2026, 11:28:02 PM
2026-05-15
$7.50
5/15/2026, 11:30:33 PM
2026-05-22NextUpdated
$8.50
5/20/2026, 11:28:24 PM
2026-05-29
$8.00
5/20/2026, 11:28:24 PM
2026-06-05
$9.00
5/20/2026, 11:28:24 PM
2026-06-12
$9.50
5/20/2026, 11:28:24 PM
2026-06-18
$7.50
5/20/2026, 11:28:24 PM
2026-06-26
$9.00
5/20/2026, 11:28:24 PM
2026-07-17
$7.50
5/20/2026, 11:28:24 PM
2026-10-16
$7.50
5/20/2026, 11:28:24 PM
2027-01-15
$7.50
5/20/2026, 11:28:24 PM
Selected expiration: 2026-05-22 at max pain $8.50.
RILY pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
1881700
1881700
2.5
100
1725050
1725150
3
200
1568400
1568600
3.5
300
1411750
1412050
4.5
600
1098450
1099050
5
750
944800
945550
5.5
1150
791650
792800
6
1600
638550
640150
6.5
3300
486250
489550
7
5850
338850
344700
7.5
13550
226450
240000
8
41400
126700
168100
8.5
77150
60600
137750
9
123100
18800
141900
9.5
301650
700
302350
10
555100
200
555300
10.5
1165850
150
1166000
11
1838850
100
1838950
11.5
2596400
50
2596450
12
3375550
0
3375550
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.