Texas Instruments IncorporatedClose $293.08EOD only
Max Pain
$300.00
Next expiry Jul 10, 2026
Expected Move
±$9.93
3.4% from close
Price Gap
+6.92
Distance to max pain
IV Rank
29
Middle-high premium
P/C OI
0.82
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 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
Jul 2, 2026 close
Max Pain — TXN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $300.00 (6.92 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$300.00
Nearest expiry
Expected Move
±$9.93
±3.4%
Days to Expiry
8
Calendar days
Total Call OI
1,922
Nearest expiry
Total Put OI
4,226
Nearest expiry
P/C OI Ratio
2.20
Put-heavy
Spot Price
$293.08
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$310.00
6/26/2026, 11:31:56 PM
2026-07-02
$300.00
7/2/2026, 11:31:12 PM
2026-07-10NextUpdated
$300.00
7/3/2026, 11:27:35 PM
2026-07-17
$270.00
7/3/2026, 11:27:35 PM
2026-07-24
$300.00
7/3/2026, 11:27:35 PM
2026-07-31
$275.00
7/3/2026, 11:27:35 PM
2026-08-07
$265.00
7/3/2026, 11:27:35 PM
2026-08-21
$300.00
7/3/2026, 11:27:35 PM
2026-09-18
$240.00
7/3/2026, 11:27:35 PM
2026-10-16
$250.00
7/3/2026, 11:27:35 PM
2026-11-20
$300.00
7/3/2026, 11:27:35 PM
2026-12-18
$210.00
7/3/2026, 11:27:35 PM
2027-01-15
$240.00
7/3/2026, 11:27:35 PM
2027-03-19
$260.00
7/3/2026, 11:27:35 PM
2027-06-17
$280.00
7/3/2026, 11:27:35 PM
Selected expiration: 2026-07-10 at max pain $300.00.
TXN pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
160
0
44372000
44372000
165
0
42265000
42265000
175
0
38055000
38055000
180
500
35950500
35951000
185
1000
33850000
33851000
190
2000
31793500
31795500
195
3500
29738000
29741500
200
5500
27684000
27689500
205
7500
25633500
25641000
210
9500
23583500
23593000
215
15500
21534500
21550000
220
22000
19488000
19510000
225
29000
17446000
17475000
230
36000
15407000
15443000
235
43500
13379000
13422500
240
51500
11352500
11404000
245
65000
9339500
9404500
250
78500
7331500
7410000
252.5
96500
6336000
6432500
255
114500
5341750
5456250
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.