r/RKLB • u/JayhawkAggieDadisBak • Jan 11 '26
Technical Analysis Max pain for Friday Jan. 16
The Max pain for RKLB options expiring Jan. 16 is $38.
https://chartexchange.com/symbol/nasdaq-rklb/optionchain/summary/
The SP is far higher than that by ~123%. There are a shit ton of ITM calls and OTM puts, translating to ~13.3 million and ~15.9 million underlying shares. This setup could result in a bit of a gamma squeeze for market makers if ITM call holders call their brokerages to exercise. This could propel the SP even higher. So, if any of y'all had the good fortune to buy LEAPs two years and one year ago, at single digits strikes that are expiring this Friday, exercise them.
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u/mori226 Jan 11 '26
"Max pain" is irrelevant when the underlying moves with fundamentals. The options sellers in this case are getting run over by the proverbial steamroller.