Tencent Music Entertainment GroClose $7.74EOD only
Max Pain
$8.00
Next expiry Oct 16, 2026
Expected Move
±$0.45
5.8% from close
Price Gap
+0.26
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.86
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects TME 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 — TME
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $8.00 (0.26 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$8.00
Nearest expiry
Expected Move
±$0.45
±5.8%
Days to Expiry
14
Calendar days
Total Call OI
12,743
Nearest expiry
Total Put OI
8,383
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$7.74
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
$9.00
8/21/2026, 11:34:25 PM
2026-09-18
$9.00
9/18/2026, 11:28:43 PM
2026-10-16NextUpdated
$8.00
10/2/2026, 11:32:36 PM
2026-11-20
$8.00
10/2/2026, 11:32:36 PM
2027-01-15
$8.00
10/2/2026, 11:32:36 PM
2027-04-16
$12.00
10/2/2026, 11:32:36 PM
Selected expiration: 2026-10-16 at max pain $8.00.
TME pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
6126000
6126000
2
2000
5289600
5291600
3
4000
4453200
4457200
4
6000
3616800
3622800
5
8300
2780400
2788700
6
12000
1945400
1957400
7
19400
1110400
1129800
8
29700
332000
361700
9
407400
90800
498200
10
1089300
51100
1140400
11
2078700
32400
2111100
12
3181900
16300
3198200
13
4415900
5800
4421700
14
5649900
2900
5652800
15
6883900
0
6883900
16
8117900
0
8117900
17
9358200
0
9358200
18
10603700
0
10603700
19
11853500
0
11853500
20
13103600
0
13103600
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.