This page reflects RUN 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 — RUN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $10.50 (1.24 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$10.50
Nearest expiry
Expected Move
±$0.44
±4.8%
Days to Expiry
3
Calendar days
Total Call OI
97,816
Nearest expiry
Total Put OI
12,436
Nearest expiry
P/C OI Ratio
0.13
Put-heavy
Spot Price
$9.26
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
2026-08-07
$10.00
8/7/2026, 11:32:27 PM
2026-08-14
$10.00
8/14/2026, 11:28:29 PM
2026-08-21NextUpdated
$10.50
8/18/2026, 11:31:26 PM
2026-08-28
$11.00
8/18/2026, 11:31:26 PM
2026-09-04
$10.00
8/18/2026, 11:31:26 PM
2026-09-11
$10.00
8/18/2026, 11:31:26 PM
2026-09-18
$11.00
8/18/2026, 11:31:26 PM
2026-09-25
$10.00
8/18/2026, 11:31:26 PM
2026-10-02
$10.00
8/18/2026, 11:31:26 PM
2026-11-20
$10.00
8/18/2026, 11:31:26 PM
2027-01-15
$15.00
8/18/2026, 11:31:26 PM
2027-02-19
$9.00
8/18/2026, 11:31:26 PM
Selected expiration: 2026-08-21 at max pain $10.50.
RUN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
11605750
11605750
2
2100
10362450
10364550
3
5300
9119650
9124950
4
8900
7876850
7885750
5
13200
6634450
6647650
6
20000
5392750
5412750
6.5
24050
4772300
4796350
7
28400
4151850
4180250
8
39800
2936250
2976050
8.5
46250
2412900
2459150
9
52850
1907050
1959900
9.5
75650
1469200
1544850
10
125850
1109700
1235550
10.5
269150
847150
1116300
11
1390850
635350
2026200
11.5
2589450
495350
3084800
12
3817900
357200
4175100
12.5
5203650
270350
5474000
13
6649750
185250
6835000
13.5
8607400
147800
8755200
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.