thetaOwl

RYAN

Ryan Specialty Holdings, Inc.Close $37.67EOD only
Max Pain
$40.00
Next expiry Oct 16, 2026
Expected Move
±$1.93
5.1% from close
Price Gap
+2.33
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.19
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

This page reflects RYAN 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 — RYAN
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $40.00 (2.33 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$1.93
±5.1%
Days to Expiry
14
Calendar days
Total Call OI
1,015
Nearest expiry
Total Put OI
211
Nearest expiry
P/C OI Ratio
0.21
Put-heavy
Spot Price
$37.67
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$42.008/21/2026, 11:29:23 PM
2026-09-18$40.009/18/2026, 11:28:34 PM
2026-10-16NextUpdated$40.0010/2/2026, 11:27:19 PM
2026-12-18$40.0010/2/2026, 11:27:19 PM
2027-01-15$40.0010/2/2026, 11:27:19 PM
2027-04-16$45.0010/2/2026, 11:27:19 PM
Selected expiration: 2026-10-16 at max pain $40.00.
RYAN pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
17.50298250298250
200247500247500
22.50200000200000
250155000155000
26200137000137200
27400119200119600
28600101500102100
298008390084700
3010006650067500
3115005820059700
3220005010052100
3325004250045000
3430003520038200
3535002810031600
3640002340027400
3745001880023300
3851001430019400
3957001010015800
406400590012300
4130100370033800
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.