This page reflects RSG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — RSG
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $210.00 (6.97 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$210.00
Nearest expiry
Expected Move
±$4.67
±2.1%
Days to Expiry
3
Calendar days
Total Call OI
1,827
Nearest expiry
Total Put OI
999
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$216.97
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$210.00
6/18/2026, 11:34:45 PM
2026-07-17
$220.00
7/17/2026, 11:35:46 PM
2026-08-21NextUpdated
$210.00
8/18/2026, 11:36:53 PM
2026-09-18
$210.00
8/18/2026, 11:36:53 PM
2026-10-16
$210.00
8/18/2026, 11:36:53 PM
2027-01-15
$185.00
8/18/2026, 11:36:53 PM
Selected expiration: 2026-08-21 at max pain $210.00.
RSG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
175
0
3102500
3102500
180
0
2603000
2603000
185
0
2113500
2113500
190
0
1635000
1635000
195
500
1182000
1182500
200
1000
744000
745000
210
16000
238000
254000
220
259000
0
259000
230
629000
0
629000
240
1778000
0
1778000
250
3305000
0
3305000
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.