This page reflects RNG 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 — RNG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $35.00 (5.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$2.60
±6.5%
Days to Expiry
8
Calendar days
Total Call OI
178
Nearest expiry
Total Put OI
86
Nearest expiry
P/C OI Ratio
0.48
Put-heavy
Spot Price
$40.01
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$35.00
6/26/2026, 11:28:43 PM
2026-07-02
$38.50
7/2/2026, 11:28:12 PM
2026-07-10NextUpdated
$35.00
7/3/2026, 11:27:20 PM
2026-07-17
$35.00
7/3/2026, 11:27:20 PM
2026-07-24
$38.00
7/3/2026, 11:27:20 PM
2026-07-31
$38.00
7/3/2026, 11:27:20 PM
2026-08-21
$40.00
7/3/2026, 11:27:20 PM
2026-10-16
$40.00
7/3/2026, 11:27:20 PM
2027-01-15
$35.00
7/3/2026, 11:27:20 PM
Selected expiration: 2026-07-10 at max pain $35.00.
RNG pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
29
0
51300
51300
30
0
43200
43200
31
0
35900
35900
32
0
28800
28800
33
1100
21900
23000
34
2200
15600
17800
35
5000
11800
16800
36
9200
8100
17300
37
13900
6000
19900
40
28000
2100
30100
41
40000
1000
41000
42
52500
0
52500
43
67700
0
67700
44
84100
0
84100
48
152900
0
152900
55
274000
0
274000
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.