This page reflects RTX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 21, 2026 close
Max Pain — RTX
Data as of market close May 21, 2026
Nearest listed expiration 2026-05-22 shows max pain at $175.00 (0.98 below 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
±$2.61
±1.5%
Days to Expiry
1
Calendar days
Total Call OI
6,772
Nearest expiry
Total Put OI
5,725
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$175.98
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
5/21/2026, 11:31:55 PM
2026-05-29
$180.00
5/21/2026, 11:31:55 PM
2026-06-05
$175.00
5/21/2026, 11:31:55 PM
2026-06-12
$175.00
5/21/2026, 11:31:55 PM
2026-06-18
$170.00
5/21/2026, 11:31:55 PM
2026-06-26
$175.00
5/21/2026, 11:31:55 PM
2026-07-17
$175.00
5/21/2026, 11:31:55 PM
2026-08-21
$195.00
5/21/2026, 11:31:55 PM
2026-09-18
$180.00
5/21/2026, 11:31:55 PM
2026-11-20
$185.00
5/21/2026, 11:31:55 PM
2026-12-18
$125.00
5/21/2026, 11:31:55 PM
2027-01-15
$170.00
5/21/2026, 11:31:55 PM
2027-03-19
$180.00
5/21/2026, 11:31:55 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
21658000
21658000
140
0
15940000
15940000
145
0
13097500
13097500
150
500
10256500
10257000
152.5
750
8845000
8845750
155
1000
7435250
7436250
157.5
1250
6043250
6044500
160
1500
4662250
4663750
162.5
3500
3629250
3632750
165
14500
2611500
2626000
167.5
40000
1743750
1783750
170
75750
1112500
1188250
172.5
140750
710750
851500
175
263500
461500
725000
177.5
503500
348000
851500
180
868000
252750
1120750
182.5
1607500
194500
1802000
185
2412000
141000
2553000
187.5
3363750
98750
3462500
190
4348500
57000
4405500
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.