thetaOwl

TPL

Texas Pacific Land CorporationClose $402.53EOD only
Max Pain
$390.00
Next expiry Jun 18, 2026
Expected Move
±$42.20
10.5% from close
Price Gap
-12.53
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.50
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects TPL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 20, 2026 close
TPL Options Chain
Data as of market close May 20, 2026

Compare calls and puts side by side with OI, volume, IV, and positioning context.

Control Row
Next expiry (DTE 29)

Blank greek cells usually mean usable implied volatility was unavailable for that contract in the market-close snapshot.

Open Interest by Strike

IV Skew

Volume by Strike

Calls

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
300.0092.9999.00104.307.9921466.6%0.9530.0013-0.1600.1110.221
340.0060.7061.5067.500.000258.0%0.8720.0032-0.2710.2380.225
350.0056.5052.9058.100.0012053.2%0.8490.0039-0.2780.2660.225
360.0040.3844.7049.903.781151.8%0.8060.0047-0.3110.3120.217
370.0036.0039.9042.2010.003350.4%0.7540.0055-0.3410.3570.207
380.0032.3732.3034.803.37319948.5%0.6970.0063-0.3610.3970.195
390.0026.2226.6028.803.224212448.5%0.6270.0069-0.3850.4290.177
400.0021.0020.9022.803.00168846.9%0.5560.0074-0.3860.4480.159
410.0015.9315.5018.101.94910546.6%0.4810.0075-0.3840.4520.139
420.0012.3912.2013.903.4964345.8%0.4060.0075-0.3650.4400.119
430.0010.009.2011.202.11257046.9%0.3420.0069-0.3520.4170.100
440.007.046.808.900.9728047.7%0.2840.0063-0.3290.3850.084
450.004.505.005.900.8539745.1%0.2160.0057-0.2670.3320.064
460.003.603.605.200.55395847.9%0.1850.0049-0.2590.3030.055
470.002.601.753.300.8045445.7%0.1330.0041-0.1980.2440.040
480.002.610.003.600.0016151.1%0.1300.0037-0.2170.2400.039
490.001.000.003.200.00177953.4%0.1140.0032-0.2060.2180.034
500.000.870.602.350.16142853.0%0.0880.0027-0.1690.1810.026
510.000.700.004.000.0056654.5%0.0750.0023-0.1540.1600.022
520.000.800.002.750.00101453.5%0.0550.0018-0.1180.1260.016
530.000.710.004.700.001263.2%0.0760.0020-0.1800.1620.022
540.004.000.005.000.000167.3%0.0760.0019-0.1910.1620.022
560.004.160.005.500.001275.0%0.0750.0017-0.2110.1610.022

Puts

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
290.000.450.003.200.004671.3%-0.0400.0011-0.1180.098-0.014
300.000.750.001.250.004654.4%-0.0220.0008-0.0550.059-0.007
310.001.450.003.200.002359.2%-0.0470.0015-0.1120.112-0.016
320.002.480.103.500.00182454.8%-0.0560.0018-0.1190.129-0.019
330.002.710.004.00-0.24103450.2%-0.0670.0023-0.1240.147-0.023
340.003.792.358.00-0.56102858.8%-0.1310.0032-0.2380.241-0.046
350.005.133.506.20-0.67124450.6%-0.1410.0039-0.2140.254-0.049
360.007.355.208.200.05115054.3%-0.2040.0046-0.2900.321-0.071
370.0010.907.6010.800.0553753.5%-0.2560.0053-0.3230.365-0.090
380.0012.1510.5013.60-2.4595751.8%-0.3120.0060-0.3420.401-0.110
390.0015.9514.1017.40-3.75113251.1%-0.3760.0065-0.3600.431-0.133
400.0020.0918.4022.30-5.0112651.3%-0.4450.0068-0.3730.448-0.159
410.0033.4023.1027.600.00123251.0%-0.5130.0069-0.3700.452-0.185
420.0037.0029.7033.600.0021550.8%-0.5800.0068-0.3570.444-0.211
430.0047.4036.5040.300.00607750.7%-0.6430.0065-0.3350.423-0.237
440.0044.9543.8047.600.0091950.8%-0.7010.0060-0.3060.394-0.261
450.0063.7051.6056.800.0022254.7%-0.7340.0053-0.3100.373-0.279
460.0076.0059.3065.400.0025156.3%-0.7710.0047-0.2900.344-0.297
480.0057.5078.2083.500.000550.2%-0.8750.0036-0.1520.234-0.343
490.0063.3587.5093.000.000151.5%-0.8960.0031-0.1290.205-0.357
500.0097.5097.30102.600.002253.7%-0.9090.0027-0.1180.186-0.369
510.0083.87105.80112.300.001451.8%-0.9360.0021-0.0690.142-0.385
520.00115.60113.70122.000.000070.6%-0.8790.0025-0.2230.229-0.376
530.0098.67123.60132.000.000174.3%-0.8840.0023-0.2270.222-0.386
How to Read the Chain
Use this market-close chain snapshot to compare liquidity, pricing, IV, and per-contract greeks across the active expiration.
How to scan it

Start with strike, bid/ask spread, open interest, and volume. Then use IV and greeks to decide whether a contract fits your directional, income, or volatility idea.

What matters first

Clean fills matter before a contract looks mathematically attractive. A thin market can erase the edge you think you found.

What can mislead you

Low premium, high IV, or one convenient delta do not make a trade by themselves. Check how far the strike sits from spot, expected move, and the event calendar.

Greeks are close-of-day estimates, and blank greek cells usually mean usable implied volatility was unavailable for that contract.