thetaOwl

TENB

Tenable Holdings, Inc.Close $25.50EOD only
Max Pain
$20.00
Next expiry Jun 18, 2026
Expected Move
±$3.20
12.6% from close
Price Gap
-5.50
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.17
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

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

Published Snapshot
May 20, 2026 close
Max Pain — TENB
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $20.00 (5.50 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$3.20
±12.6%
Days to Expiry
29
Calendar days
Total Call OI
6,891
Nearest expiry
Total Put OI
514
Nearest expiry
P/C OI Ratio
0.07
Put-heavy
Spot Price
$25.50
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$16.004/17/2026, 11:30:37 PM
2026-05-15$17.005/15/2026, 11:42:45 PM
2026-06-18NextUpdated$20.005/20/2026, 11:38:09 PM
2026-09-18$14.005/20/2026, 11:38:09 PM
2026-12-18$15.005/20/2026, 11:38:09 PM
Selected expiration: 2026-06-18 at max pain $20.00.
TENB pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
20934900934900
40832100832100
8400626500626900
131400369500370900
141600318100319700
151800267400269200
166000218100224100
1711200171300182500
1817900131100149000
192890098100127000
204180066800108600
216460048500113100
229160038300129900
2312490031500156400
2417350026700200200
2536320023300386500
2679950020300819800
271447000174001464400
282098300149002113200
292752600124002765000
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.