This page reflects TECX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — TECX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $15.00 (22.93 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$1.50
±4.0%
Days to Expiry
15
Calendar days
Total Call OI
1,134
Nearest expiry
Total Put OI
34
Nearest expiry
P/C OI Ratio
0.03
Put-heavy
Spot Price
$37.93
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$25.00
5/15/2026, 11:39:33 PM
2026-06-18
$30.00
6/18/2026, 11:33:45 PM
2026-07-17NextUpdated
$15.00
7/3/2026, 11:27:15 PM
2026-09-18
$25.00
7/3/2026, 11:27:15 PM
2026-10-16
$25.00
7/3/2026, 11:27:15 PM
2026-12-18
$25.00
7/3/2026, 11:27:15 PM
2027-01-15
$30.00
7/3/2026, 11:27:15 PM
Selected expiration: 2026-07-17 at max pain $15.00.
TECX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
74500
74500
7.5
2500
57500
60000
15
6250
32000
38250
17.5
23000
23750
46750
20
39750
16000
55750
22.5
57250
8500
65750
25
76750
5000
81750
30
117250
0
117250
35
363750
0
363750
40
662250
0
662250
45
1226250
0
1226250
50
1791750
0
1791750
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.