This page reflects ROG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — ROG
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $120.00 (13.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$120.00
Nearest expiry
Expected Move
±$11.45
±8.6%
Days to Expiry
29
Calendar days
Total Call OI
575
Nearest expiry
Total Put OI
71
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$133.00
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$60.00
4/17/2026, 11:26:07 PM
2026-05-15
$130.00
5/15/2026, 11:34:32 PM
2026-06-18NextUpdated
$120.00
5/20/2026, 11:30:39 PM
2026-09-18
$115.00
5/20/2026, 11:30:39 PM
2026-12-18
$110.00
5/20/2026, 11:30:39 PM
Selected expiration: 2026-06-18 at max pain $120.00.
ROG pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
309000
309000
65
7000
273500
280500
70
14000
238000
252000
80
28000
194000
222000
85
35000
174500
209500
90
45000
155000
200000
95
55000
135500
190500
100
65000
116000
181000
105
75000
96500
171500
110
85000
77000
162000
115
97000
57500
154500
120
109000
40500
149500
125
131500
23500
155000
130
154000
7500
161500
135
282000
3500
285500
140
419500
1500
421000
145
608500
500
609000
150
821000
0
821000
155
1106500
0
1106500
160
1393500
0
1393500
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.