This page reflects RBC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — RBC
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $530.00 (17.42 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$530.00
Nearest expiry
Expected Move
±$20.70
±4.0%
Days to Expiry
11
Calendar days
Total Call OI
38
Nearest expiry
Total Put OI
76
Nearest expiry
P/C OI Ratio
2.00
Put-heavy
Spot Price
$512.58
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$490.00
8/21/2026, 11:27:46 PM
2026-09-18
$510.00
9/18/2026, 11:26:46 PM
2026-10-16NextUpdated
$530.00
10/5/2026, 11:28:05 PM
2026-11-20
$480.00
10/5/2026, 11:28:05 PM
2027-01-15
$530.00
10/5/2026, 11:28:05 PM
2027-04-16
$500.00
10/5/2026, 11:28:05 PM
Selected expiration: 2026-10-16 at max pain $530.00.
RBC pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
350
0
1050000
1050000
370
0
900000
900000
390
0
752000
752000
410
2000
604000
606000
420
3000
534000
537000
430
4000
471000
475000
440
5000
408000
413000
450
6000
346000
352000
460
7000
289000
296000
470
8000
237000
245000
480
9000
188000
197000
490
10000
141000
151000
500
12000
106000
118000
510
15000
80000
95000
520
22000
60000
82000
530
34000
40000
74000
540
57000
20000
77000
550
83000
0
83000
570
139000
0
139000
600
226000
0
226000
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.