This page reflects TNDM 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 — TNDM
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $16.00 (0.68 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$1.73
±11.3%
Days to Expiry
15
Calendar days
Total Call OI
853
Nearest expiry
Total Put OI
1,084
Nearest expiry
P/C OI Ratio
1.27
Put-heavy
Spot Price
$15.32
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
$19.00
5/15/2026, 11:40:49 PM
2026-06-18
$16.00
6/18/2026, 11:39:25 PM
2026-07-17NextUpdated
$16.00
7/3/2026, 11:30:17 PM
2026-08-21
$16.00
7/3/2026, 11:30:17 PM
2026-11-20
$14.00
7/3/2026, 11:30:17 PM
2027-01-15
$15.00
7/3/2026, 11:30:17 PM
Selected expiration: 2026-07-17 at max pain $16.00.
TNDM pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
1302500
1302500
4
600
1194100
1194700
5
1400
1085700
1087100
6
2200
977300
979500
7
3100
868900
872000
8
4100
760500
764600
9
5300
652100
657400
10
9000
543700
552700
11
12900
437700
450600
12
16800
332400
349200
13
21700
229100
250800
14
27600
136900
164500
15
36400
69600
106000
16
48400
46500
94900
17
95200
33000
128200
18
155700
27300
183000
19
223500
21700
245200
20
291800
16800
308600
21
363000
12400
375400
22
437300
8300
445600
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.