thetaOwl

TIGO

Millicom International CellularClose $93.76EOD only
Max Pain
$75.00
Next expiry Jul 17, 2026
Expected Move
±$3.05
3.3% from close
Price Gap
-18.76
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.20
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects TIGO 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 — TIGO
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $75.00 (18.76 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$3.05
±3.3%
Days to Expiry
15
Calendar days
Total Call OI
2,130
Nearest expiry
Total Put OI
685
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$93.76
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$80.005/15/2026, 11:41:00 PM
2026-06-18$85.006/18/2026, 11:39:21 PM
2026-07-17NextUpdated$75.007/3/2026, 11:30:08 PM
2026-08-21$70.007/3/2026, 11:30:08 PM
2026-09-18$40.007/3/2026, 11:30:08 PM
2026-10-16$75.007/3/2026, 11:30:08 PM
2026-12-18$105.007/3/2026, 11:30:08 PM
2027-01-15$60.007/3/2026, 11:30:08 PM
Selected expiration: 2026-07-17 at max pain $75.00.
TIGO pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
30028360002836000
35024935002493500
4050021510002151500
45100018090001810000
50150014825001484000
55350011610001164500
6022000839500861500
6560500527500588000
70142000331000473000
75253500151000404500
8041350077500491000
8563200038000670000
9097100010000981000
95186800050001873000
100283700002837000
105389250003892500
115601450006014500
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.