This page reflects TKR 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 — TKR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $135.00 (4.16 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$135.00
Nearest expiry
Expected Move
±$9.70
±7.0%
Days to Expiry
15
Calendar days
Total Call OI
539
Nearest expiry
Total Put OI
895
Nearest expiry
P/C OI Ratio
1.66
Put-heavy
Spot Price
$139.16
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
$105.00
5/15/2026, 11:41:18 PM
2026-06-18
$115.00
6/18/2026, 11:33:23 PM
2026-07-17NextUpdated
$135.00
7/3/2026, 11:26:45 PM
2026-08-21
$120.00
7/3/2026, 11:26:45 PM
2026-09-18
$120.00
7/3/2026, 11:26:45 PM
2026-11-20
$85.00
7/3/2026, 11:26:45 PM
2026-12-18
$85.00
7/3/2026, 11:26:45 PM
Selected expiration: 2026-07-17 at max pain $135.00.
TKR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
2928000
2928000
105
0
2495000
2495000
110
0
2064000
2064000
115
0
1634000
1634000
120
1500
1205500
1207000
125
4500
781000
785500
130
9000
366500
375500
135
21500
10500
32000
140
53000
5500
58500
145
173500
2500
176000
150
304000
0
304000
155
460000
0
460000
160
710000
0
710000
170
1219000
0
1219000
175
1475500
0
1475500
180
1740500
0
1740500
185
2008000
0
2008000
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.