TMF Options Statistics & Positioning

TMF options trade at a 30-day at-the-money implied volatility of 22.9%, an IV rank of 23 out of 100 over the past year. The options market prices a ±$1.49 (±4.5%) move in TMF for the front expiration. Max pain sits at $35 and the put/call open interest ratio is 0.75. 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

$33.31

52-week range

$31.95 – $44.12

ATM IV (30d)

22.9%

IV rank

23 / 100

Low

Expected move

±$1.49 (±4.5%)

Put/call OI

0.75

Call-heavy

Max pain

$35

↑ 5.1% above close

Most Active TMF Contracts

Contract	Expiration	DTE	Last	IV	Volume
TMF $34 call	Jul 17, 2026	7d	$0.18	22.3%	804
TMF $33.5 call	Jul 17, 2026	7d	$0.42	22.2%	610
TMF $34.5 call	Jul 17, 2026	7d	$0.08	22.6%	400
TMF $33.5 call	Jul 24, 2026	14d	$0.55	22.9%	370
TMF $33 call	Jan 15, 2027	189d	$2.91	29.9%	252

See all active TMF contracts →

Explore TMF Options Statistics

TMF Implied Volatility

22.9% ATM IV (30d)

An IV rank of 23 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

TMF Open Interest

0.75 put/call OI ratio

122,912 calls and 92,651 puts outstanding across all expirations.

Full open interest analysis →

TMF Max Pain

$35 max pain

5.1% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

TMF Gamma Exposure

-$188.84M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

TMF Options Volume

7,752 contracts traded

Put/call volume ratio 0.35 — plus contracts running far above their usual volume.

Full volume & flow analysis →

TMF Most Active Options

$33.5 top volume strike

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

Full active contracts analysis →

Explore the payoff profile of option on TMF for free

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

Open TMF in the platform Scan options

TMF Options FAQ

How often is TMF options data on this page updated?

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

OptiView publishes dedicated TMF 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.