thetaOwl

RPRX

Royalty Pharma plcClose $56.66EOD only
Max Pain
$55.00
Next expiry Oct 16, 2026
Expected Move
±$2.23
3.9% from close
Price Gap
-1.66
Distance to max pain
IV Rank
45
Middle-high premium
P/C OI
0.15
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 5, 2026 close
End-of-day snapshot

This page reflects RPRX 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 — RPRX
Data as of market close Oct 5, 2026

Nearest listed expiration 2026-10-16 shows max pain at $55.00 (1.66 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$2.23
±3.9%
Days to Expiry
11
Calendar days
Total Call OI
1,526
Nearest expiry
Total Put OI
95
Nearest expiry
P/C OI Ratio
0.06
Put-heavy
Spot Price
$56.66
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$57.508/21/2026, 11:31:41 PM
2026-09-18$60.009/18/2026, 11:30:48 PM
2026-10-16NextUpdated$55.0010/5/2026, 11:27:03 PM
2026-11-20$57.5010/5/2026, 11:27:03 PM
2026-12-18$42.5010/5/2026, 11:27:03 PM
2027-01-15$47.5010/5/2026, 11:27:03 PM
2027-04-16$40.0010/5/2026, 11:27:03 PM
Selected expiration: 2026-10-16 at max pain $55.00.
RPRX pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
350176750176750
37.50153250153250
400129750129750
42.50106500106500
452508350083750
47.55006350064000
5020004475046750
52.547502750032250
5575001275020250
57.51460004750150750
60310500750311250
62.55265000526500
658372500837250
67.5121650001216500
75235800002358000
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.