This page reflects RPRX 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 — RPRX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $40.00 (17.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$3.38
±5.8%
Days to Expiry
15
Calendar days
Total Call OI
3,132
Nearest expiry
Total Put OI
778
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$57.77
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$50.00
5/15/2026, 11:34:24 PM
2026-06-18
$50.00
6/18/2026, 11:30:05 PM
2026-07-17NextUpdated
$40.00
7/3/2026, 11:27:38 PM
2026-08-21
$50.00
7/3/2026, 11:27:38 PM
2026-10-16
$45.00
7/3/2026, 11:27:38 PM
2026-12-18
$42.50
7/3/2026, 11:27:38 PM
2027-01-15
$37.50
7/3/2026, 11:27:38 PM
Selected expiration: 2026-07-17 at max pain $40.00.
RPRX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
817250
817250
32.5
0
235250
235250
35
0
119000
119000
37.5
1750
63000
64750
40
7500
46500
54000
42.5
45750
32500
78250
45
166500
19750
186250
47.5
406250
11250
417500
50
754000
3250
757250
52.5
1142000
1750
1143750
55
1566750
500
1567250
57.5
2017500
0
2017500
60
2792500
0
2792500
62.5
3571750
0
3571750
65
4351500
0
4351500
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.