This page reflects RUM 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 — RUM
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $7.00 (0.37 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.55
±7.5%
Days to Expiry
2
Calendar days
Total Call OI
11,351
Nearest expiry
Total Put OI
3,273
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$7.37
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
$7.00
5/8/2026, 11:30:51 PM
2026-05-15
$7.00
5/15/2026, 11:32:55 PM
2026-05-22NextUpdated
$7.00
5/20/2026, 11:28:13 PM
2026-05-29
$6.50
5/20/2026, 11:28:13 PM
2026-06-05
$7.00
5/20/2026, 11:28:13 PM
2026-06-12
$7.00
5/20/2026, 11:28:13 PM
2026-06-18
$7.00
5/20/2026, 11:28:13 PM
2026-06-26
$7.00
5/20/2026, 11:28:13 PM
2026-07-17
$7.00
5/20/2026, 11:28:13 PM
2026-10-16
$6.00
5/20/2026, 11:28:13 PM
2027-01-15
$5.00
5/20/2026, 11:28:13 PM
Selected expiration: 2026-05-22 at max pain $7.00.
RUM pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1888750
1888750
1.5
100
1725100
1725200
2
300
1561450
1561750
2.5
600
1398000
1398600
3
950
1234600
1235550
3.5
1300
1071350
1072650
4
1700
908150
909850
4.5
2100
745850
747950
5
2550
583550
586100
5.5
4500
423950
428450
6
6750
265150
271900
6.5
21000
112650
133650
7
37750
43400
81150
7.5
79500
7850
87350
8
157400
1500
158900
8.5
310850
950
311800
9
482100
400
482500
9.5
721050
100
721150
10
964400
0
964400
10.5
1475050
0
1475050
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.