This page reflects TECX 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 — TECX
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $30.00 (7.46 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$2.68
±11.9%
Days to Expiry
14
Calendar days
Total Call OI
404
Nearest expiry
Total Put OI
918
Nearest expiry
P/C OI Ratio
2.27
Put-heavy
Spot Price
$22.54
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
$25.00
8/21/2026, 11:27:57 PM
2026-09-18
$30.00
9/18/2026, 11:31:50 PM
2026-10-16NextUpdated
$30.00
10/2/2026, 11:31:21 PM
2026-11-20
$30.00
10/2/2026, 11:31:21 PM
2026-12-18
$30.00
10/2/2026, 11:31:21 PM
2027-01-15
$30.00
10/2/2026, 11:31:21 PM
2027-02-19
$35.00
10/2/2026, 11:31:21 PM
2027-04-16
$30.00
10/2/2026, 11:31:21 PM
Selected expiration: 2026-10-16 at max pain $30.00.
TECX pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
7.5
0
1755250
1755250
10
0
1525750
1525750
12.5
0
1296250
1296250
15
0
1066750
1066750
17.5
0
837250
837250
20
0
609250
609250
22.5
0
381250
381250
25
0
153500
153500
30
1500
0
1500
35
184500
0
184500
40
377500
0
377500
45
571000
0
571000
50
765500
0
765500
55
961500
0
961500
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.