TAIL Options Statistics & Positioning

TAIL options trade at a 30-day at-the-money implied volatility of 83.4%, an IV rank of 10 out of 100 over the past year. The options market prices a ±$1.19 (±11.6%) move in TAIL for the front expiration. Max pain sits at $10 and the put/call open interest ratio is 5.52. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$10.29

52-week range

$9.63 – $12.13

ATM IV (30d)

83.4%

IV rank

10 / 100

Low

Expected move

±$1.19 (±11.6%)

Put/call OI

5.52

Put-heavy

Max pain

$10

↓ 2.8% below close

Most Active TAIL Contracts

Contract	Expiration	DTE	Last	IV	Volume
TAIL $9 put	Aug 21, 2026	42d	$0.05	95.3%	100
TAIL $11 call	Dec 18, 2026	161d	$0.55	20.8%	1

See all active TAIL contracts →

Explore TAIL Options Statistics

TAIL Implied Volatility

83.4% ATM IV (30d)

An IV rank of 10 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

TAIL Open Interest

5.52 put/call OI ratio

517 calls and 2,852 puts outstanding across all expirations.

Full open interest analysis →

TAIL Max Pain

$10 max pain

2.8% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

TAIL Gamma Exposure

-$2.14M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

TAIL Options Volume

101 contracts traded

Put/call volume ratio 100.00 — plus contracts running far above their usual volume.

Full volume & flow analysis →

TAIL Most Active Options

$9 top volume strike

The 25 most actively traded TAIL contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on TAIL for free

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TAIL Options FAQ

How often is TAIL options data on this page updated?

All TAIL statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see TAIL max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated TAIL pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.