Tencent Music Entertainment GroClose $8.63EOD only
Max Pain
$9.00
Next expiry Jul 17, 2026
Expected Move
±$0.68
7.8% from close
Price Gap
+0.37
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.98
Balanced positioning
Consensus
—
No reports available
Published snapshot: Jul 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
Jul 2, 2026 close
Max Pain — TME
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $9.00 (0.37 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.68
±7.8%
Days to Expiry
15
Calendar days
Total Call OI
9,736
Nearest expiry
Total Put OI
10,527
Nearest expiry
P/C OI Ratio
1.08
Put-heavy
Spot Price
$8.63
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
$9.00
5/15/2026, 11:40:43 PM
2026-06-18
$9.00
6/18/2026, 11:32:05 PM
2026-07-17NextUpdated
$9.00
7/3/2026, 11:30:00 PM
2026-08-21
$8.00
7/3/2026, 11:30:00 PM
2026-10-16
$10.00
7/3/2026, 11:30:00 PM
2027-01-15
$8.00
7/3/2026, 11:30:00 PM
Selected expiration: 2026-07-17 at max pain $9.00.
TME pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
7787900
7787900
2
400
6735200
6735600
3
900
5682900
5683800
4
1600
4630600
4632200
5
2800
3578300
3581100
6
4300
2526000
2530300
7
9200
1474500
1483700
8
17600
673700
691300
9
35800
121900
157700
10
358900
52000
410900
11
929300
39900
969200
12
1540800
29800
1570600
13
2285600
22700
2308300
14
3057800
19800
3077600
15
3925400
17100
3942500
16
4796200
14500
4810700
17
5710300
11900
5722200
18
6647100
9300
6656400
19
7592100
6700
7598800
20
8538600
4100
8542700
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.