This page reflects RZLT options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — RZLT
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $2.00 (2.91 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$2.00
Nearest expiry
Expected Move
±$1.38
±28.0%
Days to Expiry
15
Calendar days
Total Call OI
3,478
Nearest expiry
Total Put OI
870
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$4.91
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$2.50
5/15/2026, 11:35:27 PM
2026-06-18
$2.50
6/18/2026, 11:30:04 PM
2026-07-17NextUpdated
$2.00
7/3/2026, 11:25:01 PM
2026-08-21
$7.50
7/3/2026, 11:25:01 PM
2026-10-16
$2.50
7/3/2026, 11:25:01 PM
2027-01-15
$2.50
7/3/2026, 11:25:01 PM
Selected expiration: 2026-07-17 at max pain $2.00.
RZLT pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
470750
470750
1
0
427400
427400
1.5
50
384050
384100
2
1000
340950
341950
2.5
56750
298000
354750
5
398000
113250
511250
7.5
1114000
750
1114750
10
1961250
0
1961250
12.5
2813750
0
2813750
15
3680750
0
3680750
17.5
4549750
0
4549750
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.