thetaOwl

RIVN

Rivian Automotive, Inc.Close $12.90EOD only
Max Pain
$14.00
Next expiry May 22, 2026
Expected Move
±$0.62
4.8% from close
Price Gap
+1.10
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.65
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects RIVN 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 — RIVN
Data as of market close May 19, 2026

Nearest listed expiration 2026-05-22 shows max pain at $14.00 (1.10 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$0.62
±4.8%
Days to Expiry
3
Calendar days
Total Call OI
54,078
Nearest expiry
Total Put OI
23,059
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$12.90
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$15.005/8/2026, 11:30:33 PM
2026-05-15$15.005/15/2026, 11:32:45 PM
2026-05-22NextUpdated$14.005/19/2026, 11:34:37 PM
2026-05-29$14.005/19/2026, 11:34:37 PM
2026-06-05$14.005/19/2026, 11:34:37 PM
2026-06-12$14.005/19/2026, 11:34:37 PM
2026-06-18$15.005/19/2026, 11:34:37 PM
2026-06-26$14.005/19/2026, 11:34:37 PM
2026-07-17$13.005/19/2026, 11:34:37 PM
2026-09-18$15.005/19/2026, 11:34:37 PM
2026-12-18$17.505/19/2026, 11:34:37 PM
2027-01-15$15.005/19/2026, 11:34:37 PM
Selected expiration: 2026-05-22 at max pain $14.00.
RIVN pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
501967785019677850
863001276345012769750
9182001045865010476850
104300081538508196850
10.56095070025507063500
117905058550005934050
11.510050047244504824950
1212480036038003728600
12.516965025411002710750
1326615016182501884400
13.56365509493501585900
1412960504850501781100
14.523796502312002610850
153845750973503943100
15.55604000526005656600
167558050355007593550
16.59841450251009866550
17121989002095012219850
17.5147118001790014729700
18172450001565017260650
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.