This page reflects RTX 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 — RTX
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $175.00 (0.15 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$175.00
Nearest expiry
Expected Move
±$3.53
±2.0%
Days to Expiry
2
Calendar days
Total Call OI
6,524
Nearest expiry
Total Put OI
5,478
Nearest expiry
P/C OI Ratio
0.84
Put-heavy
Spot Price
$174.85
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$175.00
5/8/2026, 11:28:27 PM
2026-05-15
$180.00
5/15/2026, 11:33:11 PM
2026-05-22NextUpdated
$175.00
5/20/2026, 11:28:59 PM
2026-05-29
$180.00
5/20/2026, 11:28:59 PM
2026-06-05
$175.00
5/20/2026, 11:28:59 PM
2026-06-12
$175.00
5/20/2026, 11:28:59 PM
2026-06-18
$170.00
5/20/2026, 11:28:59 PM
2026-06-26
$175.00
5/20/2026, 11:28:59 PM
2026-07-17
$170.00
5/20/2026, 11:28:59 PM
2026-08-21
$195.00
5/20/2026, 11:28:59 PM
2026-09-18
$180.00
5/20/2026, 11:28:59 PM
2026-11-20
$185.00
5/20/2026, 11:28:59 PM
2026-12-18
$125.00
5/20/2026, 11:28:59 PM
2027-01-15
$170.00
5/20/2026, 11:28:59 PM
2027-03-19
$180.00
5/20/2026, 11:28:59 PM
Selected expiration: 2026-05-22 at max pain $175.00.
RTX pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
20744500
20744500
140
0
15269500
15269500
145
0
12548000
12548000
150
500
9828000
9828500
152.5
750
8475500
8476250
155
1000
7124750
7125750
157.5
1250
5791750
5793000
160
1500
4469750
4471250
162.5
4000
3495750
3499750
165
15500
2537750
2553250
167.5
39250
1722250
1761500
170
73250
1141750
1215000
172.5
136250
741750
878000
175
254750
481500
736250
177.5
486000
358500
844500
180
835500
255000
1090500
182.5
1561000
194250
1755250
185
2347750
140000
2487750
187.5
3264750
97750
3362500
190
4210750
56000
4266750
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.