This page reflects RSG 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 — RSG
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $210.00 (2.20 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
±$9.80
±4.6%
Days to Expiry
29
Calendar days
Total Call OI
892
Nearest expiry
Total Put OI
1,183
Nearest expiry
P/C OI Ratio
1.33
Put-heavy
Spot Price
$212.20
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
$210.00
4/17/2026, 11:31:35 PM
2026-05-15
$200.00
5/15/2026, 11:34:56 PM
2026-06-18NextUpdated
$210.00
5/20/2026, 11:32:33 PM
2026-07-17
$210.00
5/20/2026, 11:32:33 PM
2026-08-21
$185.00
5/20/2026, 11:32:33 PM
2026-10-16
$210.00
5/20/2026, 11:32:33 PM
2027-01-15
$210.00
5/20/2026, 11:32:33 PM
Selected expiration: 2026-06-18 at max pain $210.00.
RSG pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
160
0
4947000
4947000
175
0
3174000
3174000
180
0
2584000
2584000
185
0
2037000
2037000
190
3500
1492000
1495500
195
7000
955500
962500
200
12000
518000
530000
210
52000
41000
93000
220
179000
0
179000
230
658000
0
658000
240
1479000
0
1479000
250
2361000
0
2361000
260
3243000
0
3243000
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.