This page reflects RITM 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 — RITM
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $10.00 (0.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.00
Nearest expiry
Expected Move
±$0.65
±7.0%
Days to Expiry
29
Calendar days
Total Call OI
10,834
Nearest expiry
Total Put OI
12,936
Nearest expiry
P/C OI Ratio
1.19
Put-heavy
Spot Price
$9.27
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
$10.00
4/17/2026, 11:25:37 PM
2026-05-15
$10.00
5/15/2026, 11:32:59 PM
2026-06-18NextUpdated
$10.00
5/20/2026, 11:32:08 PM
2026-07-17
$10.00
5/20/2026, 11:32:08 PM
2026-08-21
$10.00
5/20/2026, 11:32:08 PM
2026-09-18
$10.00
5/20/2026, 11:32:08 PM
2026-11-20
$10.00
5/20/2026, 11:32:08 PM
2026-12-18
$10.00
5/20/2026, 11:32:08 PM
2027-01-15
$10.00
5/20/2026, 11:32:08 PM
Selected expiration: 2026-06-18 at max pain $10.00.
RITM pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
8333400
8333400
3
0
7039900
7039900
4
0
5746400
5746400
5
0
4452900
4452900
6
0
3159400
3159400
7
0
1971000
1971000
8
100
785600
785700
9
5000
158300
163300
10
59300
19700
79000
11
371700
10400
382100
12
871200
1100
872300
13
1477400
900
1478300
14
2119900
700
2120600
15
2764500
500
2765000
18
6014400
200
6014600
20
8181200
0
8181200
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.