This page reflects RITM 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 — RITM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $10.00 (0.20 below 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
±$0.30
±2.9%
Days to Expiry
3
Calendar days
Total Call OI
9,532
Nearest expiry
Total Put OI
17,450
Nearest expiry
P/C OI Ratio
1.83
Put-heavy
Spot Price
$10.20
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$9.00
6/18/2026, 11:30:53 PM
2026-07-17
$9.00
7/17/2026, 11:35:01 PM
2026-08-21NextUpdated
$10.00
8/18/2026, 11:33:30 PM
2026-09-18
$9.00
8/18/2026, 11:33:30 PM
2026-11-20
$10.00
8/18/2026, 11:33:30 PM
2026-12-18
$10.00
8/18/2026, 11:33:30 PM
2027-01-15
$10.00
8/18/2026, 11:33:30 PM
2027-02-19
$9.00
8/18/2026, 11:33:30 PM
Selected expiration: 2026-08-21 at max pain $10.00.
RITM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
10229500
10229500
4
100
8484600
8484700
5
800
6739700
6740500
6
1800
5134800
5136600
7
3400
3530700
3534100
8
5300
1932700
1938000
9
12400
722700
735100
10
120500
1600
122100
11
708100
1000
709100
12
1472700
600
1473300
13
2393900
200
2394100
14
3338700
0
3338700
15
4283500
0
4283500
16
5228300
0
5228300
17
6181200
0
6181200
18
7134300
0
7134300
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.