This page reflects RXT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — RXT
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $3.00 (0.95 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$3.00
Nearest expiry
Expected Move
±$0.38
±9.5%
Days to Expiry
4
Calendar days
Total Call OI
45,930
Nearest expiry
Total Put OI
44,309
Nearest expiry
P/C OI Ratio
0.96
Put-heavy
Spot Price
$3.95
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
$4.00
8/7/2026, 11:31:05 PM
2026-08-14
$4.50
8/14/2026, 11:35:42 PM
2026-08-21NextUpdated
$3.00
8/17/2026, 11:32:03 PM
2026-08-28
$4.50
8/17/2026, 11:32:03 PM
2026-09-04
$0.50
8/17/2026, 11:32:03 PM
2026-09-11
$3.50
8/17/2026, 11:32:03 PM
2026-09-18
$4.00
8/17/2026, 11:32:03 PM
2026-09-25
$0.50
8/17/2026, 11:32:03 PM
2026-10-02
$4.00
8/17/2026, 11:32:03 PM
2026-11-20
$4.00
8/17/2026, 11:32:03 PM
2027-01-15
$4.00
8/17/2026, 11:32:03 PM
2027-02-19
$2.00
8/17/2026, 11:32:03 PM
Selected expiration: 2026-08-21 at max pain $3.00.
RXT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
5332100
5332100
1
4350
3131600
3135950
1.5
26400
1569550
1595950
2
118200
1179200
1297400
2.5
270600
890000
1160600
3
423000
604100
1027100
3.5
730400
408500
1138900
4
1038250
226650
1264900
4.5
1495750
152400
1648150
5
1997900
87150
2085050
5.5
2830700
71550
2902250
6
3687200
56850
3744050
6.5
4784900
46050
4830950
7
5893850
35250
5929100
7.5
7245000
24700
7269700
8
8614050
14400
8628450
8.5
10120150
8900
10129050
9
11626250
3500
11629750
9.5
13204400
2600
13207000
10
14782550
1700
14784250
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.