thetaOwl

RIVN

Rivian Automotive, Inc.Close $18.63EOD only
Max Pain
$15.50
Next expiry Jul 10, 2026
Expected Move
±$1.61
8.7% from close
Price Gap
-3.13
Distance to max pain
IV Rank
42
Middle-high premium
P/C OI
0.68
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 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
Jul 2, 2026 close
Max Pain — RIVN
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $15.50 (3.13 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$15.50
Nearest expiry
Expected Move
±$1.61
±8.7%
Days to Expiry
8
Calendar days
Total Call OI
23,726
Nearest expiry
Total Put OI
10,501
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$18.63
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$15.506/26/2026, 11:27:52 PM
2026-07-02$16.007/2/2026, 11:27:57 PM
2026-07-10NextUpdated$15.507/3/2026, 11:27:03 PM
2026-07-17$15.007/3/2026, 11:27:03 PM
2026-07-24$15.507/3/2026, 11:27:03 PM
2026-07-31$15.507/3/2026, 11:27:03 PM
2026-08-07$16.507/3/2026, 11:27:03 PM
2026-08-21$16.007/3/2026, 11:27:03 PM
2026-09-18$15.007/3/2026, 11:27:03 PM
2026-12-18$17.507/3/2026, 11:27:03 PM
2027-01-15$15.007/3/2026, 11:27:03 PM
2027-06-17$15.007/3/2026, 11:27:03 PM
Selected expiration: 2026-07-10 at max pain $15.50.
RIVN pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
501056620010566200
8180074159007417700
9350063658006369300
9.5495058407505845700
10660053158005322400
10.51225047919504804200
111825042681004286350
11.52650037476003774100
123485032272003262050
12.54700027098002756800
135925021966502255900
13.57715017386501815800
149690013161001413000
14.51284009446501073050
15166300599500765800
15.5310650417500728150
16477000269200746200
16.5715250161450876700
171066900858001152700
17.51523350340501557400
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.