thetaOwl

RYAAY

Ryanair Holdings plcClose $54.16EOD only
Max Pain
$60.00
Next expiry Jun 18, 2026
Expected Move
±$4.90
9.1% from close
Price Gap
+5.84
Distance to max pain
IV Rank
5
Low premium
P/C OI
3.60
Slightly put-heavy
Consensus
No reports available
Published snapshot: May 19, 2026 close
End-of-day snapshot

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

Published Snapshot
May 19, 2026 close
Max Pain — RYAAY
Data as of market close May 19, 2026

Nearest listed expiration 2026-06-18 shows max pain at $60.00 (5.84 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$4.90
±9.1%
Days to Expiry
30
Calendar days
Total Call OI
616
Nearest expiry
Total Put OI
2,372
Nearest expiry
P/C OI Ratio
3.85
Put-heavy
Spot Price
$54.16
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$65.004/17/2026, 11:25:40 PM
2026-05-15$60.005/15/2026, 11:33:12 PM
2026-06-18NextUpdated$60.005/19/2026, 11:29:32 PM
2026-09-18$65.005/19/2026, 11:29:32 PM
2026-12-18$55.005/19/2026, 11:29:32 PM
Selected expiration: 2026-06-18 at max pain $60.00.
RYAAY pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
30052355005235500
35041550004155000
40300030800003083000
45600020460002052000
50950010475001057000
5547500404000451500
60139000118000257000
6526450079000343500
7045300040000493000
756790001000680000
809545000954500
85124250001242500
90154300001543000
95185000001850000
100215750002157500
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.