This page reflects RITM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — RITM
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $10.00 (0.38 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
±$0.38
±3.6%
Days to Expiry
2
Calendar days
Total Call OI
9,531
Nearest expiry
Total Put OI
17,448
Nearest expiry
P/C OI Ratio
1.83
Put-heavy
Spot Price
$10.38
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
8/19/2026, 11:35:52 PM
2026-09-18
$9.00
8/19/2026, 11:35:52 PM
2026-11-20
$10.00
8/19/2026, 11:35:52 PM
2026-12-18
$10.00
8/19/2026, 11:35:52 PM
2027-01-15
$10.00
8/19/2026, 11:35:52 PM
2027-02-19
$9.00
8/19/2026, 11:35:52 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
10228300
10228300
4
100
8483600
8483700
5
900
6738900
6739800
6
2000
5134200
5136200
7
3700
3530300
3534000
8
5700
1932500
1938200
9
12900
722700
735600
10
121100
1600
122700
11
708600
1000
709600
12
1473100
600
1473700
13
2394200
200
2394400
14
3338900
0
3338900
15
4283600
0
4283600
16
5228300
0
5228300
17
6181100
0
6181100
18
7134100
0
7134100
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.