Max Pain — TPL
Data as of market close Apr 2, 2026
TPL Max Pain Data
- Max Pain Strike
- $450.00
- Expected Move
- ±$38.20 (±8.6%)
- Days to Expiry
- 15
- Total Call OI
- 3,591
- Total Put OI
- 2,047
- Put/Call OI Ratio
- 0.57
- Spot Price
- $444.24
Max Pain by Expiration
Pain by Strike
| Expiration | Max Pain Strike | Last Updated |
|---|---|---|
| 2026-04-17 | $450.00 | 4/3/2026, 1:48:16 AM |
| 2026-05-15 | $500.00 | 4/3/2026, 1:48:16 AM |
| 2026-07-17 | $390.00 | 4/3/2026, 1:48:16 AM |
| 2026-10-16 | $500.00 | 4/3/2026, 1:48:16 AM |
| Strike | Call Pain | Put Pain | Total Pain |
|---|---|---|---|
| 153.33 | 0 | 55979306 | 55979306 |
| 166.67 | 2668 | 53304636 | 53307304 |
| 173.33 | 4000 | 51983958 | 51987958 |
| 180 | 5334 | 50663965 | 50669299 |
| 186.67 | 6668 | 49343972 | 49350640 |
| 193.33 | 8000 | 48027956 | 48035956 |
| 200 | 9334 | 46709964 | 46719298 |
| 206.67 | 10668 | 45399976 | 45410644 |
| 213.33 | 12000 | 44091952 | 44103952 |
| 220 | 13334 | 42851332 | 42864666 |
| 233.33 | 19999 | 40378617 | 40398616 |
| 240 | 27336 | 39180018 | 39207354 |
| 243.33 | 30999 | 38582616 | 38613615 |
| 246.67 | 34673 | 37984422 | 38019095 |
| 250 | 39335 | 37388019 | 37427354 |
| 253.33 | 44996 | 36796278 | 36841274 |
| 256.67 | 53680 | 36205766 | 36259446 |
| 260 | 63337 | 35617022 | 35680359 |
| 263.33 | 72994 | 35031941 | 35104935 |
| 266.67 | 82680 | 34455457 | 34538137 |
View max pain levels for TPL 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.