Texas Instruments IncorporatedClose $293.80EOD only
Max Pain
$267.50
Next expiry Oct 9, 2026
Expected Move
±$4.65
1.6% from close
Price Gap
-26.30
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.80
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects TXN 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 — TXN
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $267.50 (26.30 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$267.50
Nearest expiry
Expected Move
±$4.65
±1.6%
Days to Expiry
7
Calendar days
Total Call OI
5,382
Nearest expiry
Total Put OI
3,863
Nearest expiry
P/C OI Ratio
0.72
Put-heavy
Spot Price
$293.80
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$265.00
9/25/2026, 11:32:07 PM
2026-10-02Updated
$270.00
10/2/2026, 11:27:23 PM
2026-10-09Next
$267.50
10/2/2026, 11:27:23 PM
2026-10-16
$262.50
10/2/2026, 11:27:23 PM
2026-10-23
$270.00
10/2/2026, 11:27:23 PM
2026-10-30
$265.00
10/2/2026, 11:27:23 PM
2026-11-06
$275.00
10/2/2026, 11:27:23 PM
2026-11-20
$270.00
10/2/2026, 11:27:23 PM
2026-12-18
$260.00
10/2/2026, 11:27:23 PM
2027-01-15
$260.00
10/2/2026, 11:27:23 PM
2027-02-19
$265.00
10/2/2026, 11:27:23 PM
2027-03-19
$270.00
10/2/2026, 11:27:23 PM
2027-04-16
$280.00
10/2/2026, 11:27:23 PM
2027-06-17
$300.00
10/2/2026, 11:27:23 PM
2027-09-17
$260.00
10/2/2026, 11:27:23 PM
Selected expiration: 2026-10-09 at max pain $267.50.
TXN pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
160
0
35034250
35034250
165
0
33110750
33110750
170
1000
31191250
31192250
175
3000
29394750
29397750
180
5500
27654250
27659750
185
8000
25924750
25932750
190
10500
24211250
24221750
195
13000
22502250
22515250
200
15500
20800750
20816250
205
18000
19101250
19119250
210
20500
17403750
17424250
215
23000
15718250
15741250
220
25500
14037250
14062750
225
31500
12367750
12399250
230
38000
10709750
10747750
235
44500
9079250
9123750
240
51000
7453750
7504750
242.5
54750
6654000
6708750
245
58500
5859250
5917750
247.5
65750
5276000
5341750
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.