This page reflects RVTY 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 — RVTY
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $115.00 (1.25 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$115.00
Nearest expiry
Expected Move
±$4.00
±3.5%
Days to Expiry
3
Calendar days
Total Call OI
121
Nearest expiry
Total Put OI
44
Nearest expiry
P/C OI Ratio
0.36
Put-heavy
Spot Price
$113.75
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
2026-06-18
$90.00
6/18/2026, 11:29:58 PM
2026-07-17
$95.00
7/17/2026, 11:31:22 PM
2026-08-21NextUpdated
$115.00
8/18/2026, 11:28:17 PM
2026-09-18
$105.00
8/18/2026, 11:28:17 PM
2026-12-18
$110.00
8/18/2026, 11:28:17 PM
2027-03-19
$75.00
8/18/2026, 11:28:17 PM
Selected expiration: 2026-08-21 at max pain $115.00.
RVTY pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
126000
126000
90
0
84000
84000
95
0
63500
63500
100
0
44000
44000
105
0
27000
27000
110
500
10500
11000
115
4500
0
4500
120
18500
0
18500
125
70500
0
70500
130
125000
0
125000
135
184500
0
184500
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.