This page reflects TNGX 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 — TNGX
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $30.00 (0.54 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$30.00
Nearest expiry
Expected Move
±$3.08
±10.4%
Days to Expiry
15
Calendar days
Total Call OI
3,658
Nearest expiry
Total Put OI
1,217
Nearest expiry
P/C OI Ratio
0.33
Put-heavy
Spot Price
$29.46
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
$18.00
5/15/2026, 11:43:04 PM
2026-06-18
$23.00
6/18/2026, 11:39:19 PM
2026-07-17NextUpdated
$30.00
7/3/2026, 11:31:25 PM
2026-08-21
$21.00
7/3/2026, 11:31:25 PM
2026-11-20
$25.00
7/3/2026, 11:31:25 PM
2026-12-18
$20.00
7/3/2026, 11:31:25 PM
2027-01-15
$22.00
7/3/2026, 11:31:25 PM
2027-03-19
$25.00
7/3/2026, 11:31:25 PM
2027-06-17
$15.00
7/3/2026, 11:31:25 PM
Selected expiration: 2026-07-17 at max pain $30.00.
TNGX pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
3124300
3124300
2
0
3003900
3003900
3
1500
2885100
2886600
4
3100
2766700
2769800
9
11600
2179200
2190800
16
24200
1356700
1380900
18
28200
1121700
1149900
20
32200
889300
921500
21
34200
773300
807500
22
36500
657400
693900
23
38800
541600
580400
24
44400
426500
470900
25
50200
313700
363900
26
56300
234100
290400
27
62900
154500
217400
28
70100
84400
154500
29
82400
49300
131700
30
97300
25200
122500
31
219900
13900
233800
32
353400
4100
357500
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.