This page reflects TYL 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 — TYL
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $310.00 (8.10 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$310.00
Nearest expiry
Expected Move
±$26.60
±8.4%
Days to Expiry
15
Calendar days
Total Call OI
282
Nearest expiry
Total Put OI
206
Nearest expiry
P/C OI Ratio
0.73
Put-heavy
Spot Price
$318.10
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$320.00
5/15/2026, 11:41:41 PM
2026-06-18
$310.00
6/18/2026, 11:35:39 PM
2026-07-17NextUpdated
$310.00
7/3/2026, 11:31:06 PM
2026-08-21
$300.00
7/3/2026, 11:31:06 PM
2026-09-18
$330.00
7/3/2026, 11:31:06 PM
2026-12-18
$250.00
7/3/2026, 11:31:06 PM
Selected expiration: 2026-07-17 at max pain $310.00.
TYL pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
220
0
1298000
1298000
230
0
1093000
1093000
240
0
890000
890000
250
0
702000
702000
260
1000
525000
526000
270
2000
365000
367000
280
10000
232000
242000
290
20000
154000
174000
300
39000
96000
135000
310
77000
44000
121000
320
134000
12000
146000
330
213000
0
213000
340
308000
0
308000
350
417000
0
417000
360
536000
0
536000
370
662000
0
662000
380
803000
0
803000
390
946000
0
946000
400
1092000
0
1092000
410
1359000
0
1359000
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.