Royal Bank of Canada (RY)
Royal Bank of Canada Max Pain By Strike
RY trades at $136.45, 9.2% above the near-term max pain of $125 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($80-$125), reflecting growing call interest at higher strikes. Key magnetic zone at 125 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Royal Bank of Canada Max Pain By Expiry
Max pain for RY shows an upward trend from 80 to 125, suggesting bullish positioning in longer-dated options. The 40% spread signals divergent expectations across timeframes. Most levels below 136.45 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 125 | -11.45 (-8.39%) |
| Oct 17, 2025 | 115 | -21.45 (-15.72%) |
| Jan 16, 2026 | 120 | -16.45 (-12.06%) |
| Apr 17, 2026 | 80 | -56.45 (-41.37%) |
| Jan 15, 2027 | 125 | -11.45 (-8.39%) |