This page reflects TYRA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — TYRA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $35.00 (8.96 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$3.35
±12.9%
Days to Expiry
3
Calendar days
Total Call OI
279
Nearest expiry
Total Put OI
830
Nearest expiry
P/C OI Ratio
2.97
Put-heavy
Spot Price
$26.04
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$35.00
6/18/2026, 11:39:34 PM
2026-07-17
$30.00
7/17/2026, 11:36:10 PM
2026-08-21NextUpdated
$35.00
8/18/2026, 11:41:16 PM
2026-09-18
$25.00
8/18/2026, 11:41:16 PM
2026-10-16
$20.00
8/18/2026, 11:41:16 PM
2026-11-20
$20.00
8/18/2026, 11:41:16 PM
2027-02-19
$20.00
8/18/2026, 11:41:16 PM
Selected expiration: 2026-08-21 at max pain $35.00.
TYRA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
633500
633500
15
0
426250
426250
17.5
250
323250
323500
20
500
220250
220750
22.5
750
122500
123250
25
1000
29000
30000
30
3000
17000
20000
35
11000
7500
18500
40
30000
500
30500
45
169000
0
169000
50
308000
0
308000
55
447000
0
447000
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.