This page reflects RIO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Max Pain — RIO
Data as of market close May 19, 2026
Nearest listed expiration 2026-06-18 shows max pain at $95.00 (5.92 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$8.15
±8.1%
Days to Expiry
30
Calendar days
Total Call OI
21,377
Nearest expiry
Total Put OI
32,998
Nearest expiry
P/C OI Ratio
1.54
Put-heavy
Spot Price
$100.92
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$92.50
4/17/2026, 11:25:42 PM
2026-05-15
$95.00
5/15/2026, 11:31:03 PM
2026-06-18NextUpdated
$95.00
5/19/2026, 11:28:16 PM
2026-07-17
$95.00
5/19/2026, 11:28:16 PM
2026-09-18
$80.00
5/19/2026, 11:28:16 PM
2026-10-16
$100.00
5/19/2026, 11:28:16 PM
2026-12-18
$80.00
5/19/2026, 11:28:16 PM
2027-01-15
$80.00
5/19/2026, 11:28:16 PM
2027-03-19
$97.50
5/19/2026, 11:28:16 PM
Selected expiration: 2026-06-18 at max pain $95.00.
RIO pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
160078500
160078500
32.5
0
151829000
151829000
35
0
143599500
143599500
37.5
0
135370000
135370000
40
0
127374250
127374250
42.5
0
119457000
119457000
45
0
111584750
111584750
47.5
2000
103712500
103714500
50
4000
95942250
95946250
52.5
6000
88549250
88555250
55
8000
81254250
81262250
57.5
10000
74251750
74261750
60
12000
67249250
67261250
62.5
15750
60980750
60996500
65
19750
54712250
54732000
67.5
29250
48534000
48563250
70
38750
42479750
42518500
72.5
60250
36978500
37038750
75
82500
31847500
31930000
77.5
167000
27144250
27311250
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.