TLT Max Pain
TLT $80.70 · Updated Nov 10, 4:00 PM ET
TLT max pain for Nov 11, 2026 (1 day out) is $81.00, 0.4% above the current $80.70. That is the settlement price at which the open contracts on that date would pay holders the least. For Dec 11, 2026, max pain is $82.00.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Nov 11, 2026 | 1 | $81.00 | +0.4% | 50,868 | 44,843 |
| Nov 13, 2026 | 3 | $81.00 | +0.4% | 196,609 | 103,136 |
| Nov 16, 2026 | 6 | $81.50 | +1.0% | 16,694 | 9,296 |
| Nov 18, 2026 | 8 | $82.00 | +1.6% | 10,656 | 11,078 |
| Nov 20, 2026 | 10 | $81.00 | +0.4% | 785,261 | 669,604 |
| Nov 23, 2026 | 13 | $81.00 | +0.4% | 3,003 | 3,624 |
| Nov 25, 2026 | 15 | $80.00 | -0.9% | 101 | 1,435 |
| Nov 27, 2026 | 17 | $80.00 | -0.9% | 57,902 | 32,226 |
| Nov 30, 2026 | 20 | $79.00 | -2.1% | 416,752 | 56,787 |
| Dec 4, 2026 | 24 | $81.50 | +1.0% | 21,191 | 20,455 |
| Dec 11, 2026 | 31 | $82.00 | +1.6% | 27,223 | 35,274 |
| Dec 18, 2026 | 38 | $81.00 | +0.4% | 1,336,288 | 803,231 |
How this is calculated: Max Pain methodology