Reinsurance Group of America, IClose $251.04EOD only
Max Pain
$250.00
Next expiry Oct 16, 2026
Expected Move
±$7.60
3.0% from close
Price Gap
-1.04
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.29
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 5, 2026 close
End-of-day snapshot
This page reflects RGA 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 — RGA
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $250.00 (1.04 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$250.00
Nearest expiry
Expected Move
±$7.60
±3.0%
Days to Expiry
11
Calendar days
Total Call OI
721
Nearest expiry
Total Put OI
828
Nearest expiry
P/C OI Ratio
1.15
Put-heavy
Spot Price
$251.04
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
$240.00
8/21/2026, 11:29:47 PM
2026-09-18
$240.00
9/18/2026, 11:25:38 PM
2026-10-16NextUpdated
$250.00
10/5/2026, 11:23:15 PM
2026-11-20
$240.00
10/5/2026, 11:23:15 PM
2027-01-15
$230.00
10/5/2026, 11:23:15 PM
2027-04-16
$165.00
10/5/2026, 11:23:15 PM
2027-05-21
$210.00
10/5/2026, 11:23:15 PM
Selected expiration: 2026-10-16 at max pain $250.00.
RGA pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
9324500
9324500
125
0
8913000
8913000
130
0
8503500
8503500
135
0
8095500
8095500
140
0
7688000
7688000
160
0
6058000
6058000
180
0
4432000
4432000
195
0
3214000
3214000
210
6000
1996000
2002000
220
19000
1184000
1203000
230
52000
590000
642000
240
98000
187000
285000
250
144000
0
144000
260
229000
0
229000
270
448000
0
448000
280
983000
0
983000
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.