Max Pain (Strike Pegger) — TPL

Data as of

Max Pain© analysis: the peg is the strike where call and put writers' aggregate liability is minimized; the target price (bias) is where call and put liability converge.

Last
274.63
Change
-3.65
Open
273.56
Previous
278.28
High
284.62
Low
273.00
Bid
-
Ask
-
Volume
481,869
Trades
-
Dividend
0.60
Yield
0.87%
Ex-Div
Dec 1, 2026
Split Date
Dec 23, 2025
Impl Vol
49.5%
Hist Vol
49.6%
Opt Volume
1,569
Open Int
21,799

IV QuoteOption ChainPrice History10 Day SnapshotStrike PeggerVolatility SkewTrade Finder

Daily History — expiration Nov 20, 2026

Open Interest by Strike

Strike Peg is 330.00, Bias: 322.16 (expiration Nov 20, 2026) — 20.2% above the last price of 274.63; open interest 2.27K calls / 1.50K puts (put/call 0.66).

By Expiration

Max Pain© is a registered trademark. The peg is computed from open interest in the day's option snapshot.