thetaOwl

RGLD

Royal Gold, Inc.Close $234.64EOD only
Max Pain
$250.00
Next expiry Oct 16, 2026
Expected Move
±$12.98
5.5% from close
Price Gap
+15.36
Distance to max pain
IV Rank
2
Low premium
P/C OI
0.60
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects RGLD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Oct 2, 2026 close
Max Pain — RGLD
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $250.00 (15.36 above 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
±$12.98
±5.5%
Days to Expiry
14
Calendar days
Total Call OI
2,787
Nearest expiry
Total Put OI
1,843
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$234.64
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$195.008/21/2026, 11:28:36 PM
2026-09-18$230.009/18/2026, 11:30:01 PM
2026-10-16NextUpdated$250.0010/2/2026, 11:26:31 PM
2026-11-20$240.0010/2/2026, 11:26:31 PM
2026-12-18$230.0010/2/2026, 11:26:31 PM
2027-01-15$220.0010/2/2026, 11:26:31 PM
2027-04-16$210.0010/2/2026, 11:26:31 PM
Selected expiration: 2026-10-16 at max pain $250.00.
RGLD pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
12501924150019241500
13501740150017401500
14001648200016482000
14501556500015565000
15001465250014652500
15501374900013749000
16001284650012846500
165100001194400011954000
170235001104150011065000
175370001014300010180000
1805100092445009295500
1856500083600008425000
1907900074995007578500
1959800066665006764500
20011800058520005970000
21020800044380004646000
22032900030720003401000
23049300020150002508000
24069600011980001894000
25010090005730001582000
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.