thetaOwl

TTE

TotalEnergies SEClose $84.40EOD only
Max Pain
$90.00
Next expiry Oct 16, 2026
Expected Move
±$3.40
4.0% from close
Price Gap
+5.60
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.89
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot

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

Published Snapshot
Oct 2, 2026 close
Max Pain — TTE
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-16 shows max pain at $90.00 (5.60 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$90.00
Nearest expiry
Expected Move
±$3.40
±4.0%
Days to Expiry
14
Calendar days
Total Call OI
5,680
Nearest expiry
Total Put OI
2,154
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$84.40
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-16
ExpirationMax Pain StrikeLast Updated
2026-08-21$82.508/21/2026, 11:30:47 PM
2026-09-18$87.509/18/2026, 11:31:46 PM
2026-10-16NextUpdated$90.0010/2/2026, 11:29:52 PM
2026-11-20$87.5010/2/2026, 11:29:52 PM
2026-12-18$80.0010/2/2026, 11:29:52 PM
2027-01-15$67.5010/2/2026, 11:29:52 PM
2027-02-19$92.5010/2/2026, 11:29:52 PM
2027-06-17$80.0010/2/2026, 11:29:52 PM
Selected expiration: 2026-10-16 at max pain $90.00.
TTE pain by strike for 2026-10-16 expiration
StrikeCall PainPut PainTotal Pain
50074252507425250
60100052712505272250
65150041952504196750
70200031297503131750
72.5325026052502608500
75525021075002112750
77.5725016122501619500
80925011817501191000
82.511250772500783750
8514250494250508500
87.548250304250352500
90105750145500251250
92.524950040000289500
95130625001306250
97.5253950002539500
100393325003933250
105676575006765750
110960375009603750
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.