TAN Options Statistics & Positioning

TAN options trade at a 30-day at-the-money implied volatility of 39.1%, an IV rank of 46 out of 100 over the past year. The options market prices a ±$2.94 (±5.4%) move in TAN for the front expiration. Max pain sits at $55 and the put/call open interest ratio is 0.85. 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

$54.25

52-week range

$36.07 – $74.70

ATM IV (30d)

39.1%

IV rank

46 / 100

Moderate

Expected move

±$2.94 (±5.4%)

Put/call OI

0.85

Max pain

$55

↑ 1.4% above close

Most Active TAN Contracts

Contract	Expiration	DTE	Last	IV	Volume
TAN $61 call	Sep 18, 2026	70d	$2.05	45.0%	2,000
TAN $51 put	Sep 18, 2026	70d	$2.50	45.6%	2,000
TAN $55 put	Aug 21, 2026	42d	$3.20	45.6%	102
TAN $55 call	Jul 17, 2026	7d	$1.17	39.1%	83
TAN $50 call	Jan 21, 2028	560d	$16.00	43.6%	25

See all active TAN contracts →

Explore TAN Options Statistics

TAN Implied Volatility

39.1% ATM IV (30d)

An IV rank of 46 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

TAN Open Interest

0.85 put/call OI ratio

30,907 calls and 26,405 puts outstanding across all expirations.

Full open interest analysis →

TAN Max Pain

$55 max pain

1.4% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

TAN Gamma Exposure

$11.12M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

TAN Options Volume

4,341 contracts traded

Put/call volume ratio 0.98 — plus contracts running far above their usual volume.

Full volume & flow analysis →

TAN Most Active Options

$61 top volume strike

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

Full active contracts analysis →

Explore the payoff profile of option on TAN for free

Build multi-leg TAN strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open TAN in the platform Scan options

TAN Options FAQ

How often is TAN options data on this page updated?

All TAN 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 TAN max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated TAN 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.