Texas Capital Bancshares ... (TCBI)
Texas Capital Bancshares Max Pain By Strike
TCBI trades at $83.89, pinned near the near-term max pain of $85 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($40-$95), signaling increased put positioning or downside protection. Key magnetic zone at 70 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Texas Capital Bancshares Max Pain By Expiry
Max pain for TCBI shows a downward trend from 95 to 40, indicating bearish sentiment or hedging activity. The 75% spread signals divergent expectations across timeframes. Levels distributed around 83.89. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 85 | 1.11 (1.33%) |
| Sep 19, 2025 | 70 | -13.89 (-16.55%) |
| Oct 17, 2025 | 40 | -43.89 (-52.32%) |
| Dec 19, 2025 | 80 | -3.89 (-4.63%) |
| Jan 16, 2026 | 95 | 11.11 (13.25%) |
| Mar 20, 2026 | 70 | -13.89 (-16.55%) |