This page reflects RRC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — RRC
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $38.00 (0.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$38.00
Nearest expiry
Expected Move
±$1.67
±4.3%
Days to Expiry
11
Calendar days
Total Call OI
5,140
Nearest expiry
Total Put OI
210
Nearest expiry
P/C OI Ratio
0.04
Put-heavy
Spot Price
$38.67
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$37.00
8/21/2026, 11:28:51 PM
2026-09-18
$40.00
9/18/2026, 11:28:32 PM
2026-10-16NextUpdated
$38.00
10/5/2026, 11:28:28 PM
2026-11-20
$39.00
10/5/2026, 11:28:28 PM
2026-12-18
$38.00
10/5/2026, 11:28:28 PM
2027-01-15
$40.00
10/5/2026, 11:28:28 PM
2027-03-19
$38.00
10/5/2026, 11:28:28 PM
Selected expiration: 2026-10-16 at max pain $38.00.
RRC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
32
0
139700
139700
33
0
118800
118800
35
0
77200
77200
36
0
58800
58800
37
0
42400
42400
38
10100
29000
39100
39
33200
17300
50500
40
374900
9400
384300
41
751700
3700
755400
42
1161200
600
1161800
43
1594000
0
1594000
44
2051100
0
2051100
45
2520700
0
2520700
46
3012200
0
3012200
47
3522000
0
3522000
48
4034900
0
4034900
50
5062700
0
5062700
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.