RealReal Inc. (REAL)
RealReal Max Pain By Strike
REAL trades at $7.7, 54.0% above the near-term max pain of $5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
RealReal Max Pain By Expiry
Max pain for REAL shows a downward trend from 7.5 to 2, indicating bearish sentiment or hedging activity. The 122% spread signals divergent expectations across timeframes. Most levels below 7.7 may cap rallies. Strong magnetic level at 5 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 5 | -2.70 (-35.02%) |
| Sep 19, 2025 | 5 | -2.70 (-35.02%) |
| Oct 17, 2025 | 2.5 | -5.20 (-67.51%) |
| Nov 21, 2025 | 7.5 | -0.20 (-2.53%) |
| Jan 16, 2026 | 4.5 | -3.20 (-41.52%) |
| Feb 20, 2026 | 5 | -2.70 (-35.02%) |
| Jan 15, 2027 | 2 | -5.70 (-74.01%) |