This page reflects RY 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 — RY
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $200.00 (4.33 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$200.00
Nearest expiry
Expected Move
±$6.65
±3.4%
Days to Expiry
14
Calendar days
Total Call OI
4,063
Nearest expiry
Total Put OI
5,031
Nearest expiry
P/C OI Ratio
1.24
Put-heavy
Spot Price
$195.67
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
$210.00
8/21/2026, 11:29:28 PM
2026-09-18
$210.00
9/18/2026, 11:25:26 PM
2026-10-16NextUpdated
$200.00
10/2/2026, 11:27:02 PM
2026-11-20
$200.00
10/2/2026, 11:27:02 PM
2026-12-18
$230.00
10/2/2026, 11:27:02 PM
2027-01-15
$175.00
10/2/2026, 11:27:02 PM
2027-04-16
$185.00
10/2/2026, 11:27:02 PM
Selected expiration: 2026-10-16 at max pain $200.00.
RY pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
115
0
28067500
28067500
120
0
25548000
25548000
130
0
20521000
20521000
135
500
18007500
18008000
140
1000
15494000
15495000
145
17500
12980500
12998000
150
38000
10467000
10505000
155
58500
7989500
8048000
160
89000
7014000
7103000
165
122000
6085000
6207000
170
179000
5170000
5349000
175
251000
4305000
4556000
180
344000
3458500
3802500
185
494000
2664500
3158500
190
797000
1925000
2722000
195
1137500
1262500
2400000
200
1536000
757000
2293000
210
2733000
0
2733000
220
4524000
0
4524000
230
7753000
0
7753000
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.