thetaOwl

RXT

Rackspace Technology, Inc.Close $4.70EOD only
Max Pain
$5.00
Next expiry May 22, 2026
Expected Move
±$0.68
14.4% from close
Price Gap
+0.30
Distance to max pain
IV Rank
21
Low premium
P/C OI
0.86
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 19, 2026 close
End-of-day snapshot

This page reflects RXT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 19, 2026 close
Max Pain — RXT
Data as of market close May 19, 2026

Nearest listed expiration 2026-05-22 shows max pain at $5.00 (0.30 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$5.00
Nearest expiry
Expected Move
±$0.68
±14.4%
Days to Expiry
3
Calendar days
Total Call OI
23,443
Nearest expiry
Total Put OI
7,333
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$4.70
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$2.005/8/2026, 11:27:39 PM
2026-05-15$5.005/15/2026, 11:33:41 PM
2026-05-22NextUpdated$5.005/19/2026, 11:27:32 PM
2026-05-29$4.505/19/2026, 11:27:32 PM
2026-06-05$5.005/19/2026, 11:27:32 PM
2026-06-12$4.005/19/2026, 11:27:32 PM
2026-06-18$4.005/19/2026, 11:27:32 PM
2026-06-26$3.505/19/2026, 11:27:32 PM
2026-07-17$4.005/19/2026, 11:27:32 PM
2026-08-21$1.505/19/2026, 11:27:32 PM
2026-11-20$4.005/19/2026, 11:27:32 PM
2027-01-15$5.005/19/2026, 11:27:32 PM
Selected expiration: 2026-05-22 at max pain $5.00.
RXT pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
0.5030661503066150
1026852002685200
1.530023047002305000
2135019255501926900
2.5315015502001553350
312555011770501302600
3.52536509019001155550
43855506388001024350
4.5536250419850956100
5698350254650953000
5.59727001291001101800
61330900623501393250
6.51795750288001824550
7234590077002353600
7.5316040031003163500
840127502004012950
8.549259501504926100
958410001005841100
9.56759750506759800
10767880007678800
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.