Max Pain — TPH
Data as of market close Apr 2, 2026
TPH Max Pain Data
- Max Pain Strike
- $40.00
- Expected Move
- ±$1.90 (±4.1%)
- Days to Expiry
- 15
- Total Call OI
- 220
- Total Put OI
- 141
- Put/Call OI Ratio
- 0.64
- Spot Price
- $46.75
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $40.00 | 4/3/2026, 1:48:12 AM |
| 2026-07-17 | $45.00 | 4/3/2026, 1:48:12 AM |
| 2026-08-21 | $40.00 | 4/3/2026, 1:48:12 AM |
| 2026-11-20 | $45.00 | 4/3/2026, 1:48:12 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 17.5 | 0 | 277000 | 277000 |
| 20 | 0 | 242500 | 242500 |
| 22.5 | 0 | 209500 | 209500 |
| 25 | 250 | 178000 | 178250 |
| 30 | 750 | 119000 | 119750 |
| 35 | 13750 | 65000 | 78750 |
| 40 | 42750 | 27500 | 70250 |
| 45 | 123250 | 0 | 123250 |
| 50 | 218750 | 0 | 218750 |
| 55 | 326750 | 0 | 326750 |
View max pain levels for TPH options across expiration dates. Max pain marks the strike where the most contracts expire worthless — the point of maximum loss for option holders — along with the full open interest distribution.