thetaOwl

RCL

Royal Caribbean Cruises Ltd.Close $296.30EOD only
Max Pain
$315.00
Next expiry Jul 10, 2026
Expected Move
±$8.20
2.8% from close
Price Gap
+18.70
Distance to max pain
IV Rank
8
Low premium
P/C OI
2.08
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects RCL 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 — RCL
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $315.00 (18.70 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$315.00
Nearest expiry
Expected Move
±$8.20
±2.8%
Days to Expiry
8
Calendar days
Total Call OI
566
Nearest expiry
Total Put OI
1,713
Nearest expiry
P/C OI Ratio
3.03
Put-heavy
Spot Price
$296.30
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$307.506/26/2026, 11:27:20 PM
2026-07-02$312.507/2/2026, 11:27:48 PM
2026-07-10NextUpdated$315.007/3/2026, 11:28:53 PM
2026-07-17$290.007/3/2026, 11:28:53 PM
2026-07-24$320.007/3/2026, 11:28:53 PM
2026-07-31$310.007/3/2026, 11:28:53 PM
2026-08-07$305.007/3/2026, 11:28:53 PM
2026-08-21$310.007/3/2026, 11:28:53 PM
2026-09-18$300.007/3/2026, 11:28:53 PM
2026-12-18$300.007/3/2026, 11:28:53 PM
2027-01-15$250.007/3/2026, 11:28:53 PM
2027-03-19$280.007/3/2026, 11:28:53 PM
2027-06-17$250.007/3/2026, 11:28:53 PM
Selected expiration: 2026-07-10 at max pain $315.00.
RCL pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
17001852850018528500
17501767600017676000
1805001682350016824000
18515001597100015972500
19030001511950015122500
19545001428250014287000
20060001344650013452500
20575001261050012618000
21095001178100011790500
215125001095950010972000
220155001013900010154500
2251850093280009346500
2302250085190008541500
2352700077205007747500
2403150069345006966000
2453750061620006199500
2504350054010005444500
2555450046690004723500
257.56000043090004369000
2606550039495004015000
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.