Targa Resources Corp. (TRGP) Options Statistics & Positioning

Targa Resources Corp. (TRGP) options trade at a 30-day at-the-money implied volatility of 31.0%, an IV rank of 4 out of 100 over the past year. The options market prices a ±$23.84 (±8.1%) move in TRGP for the front expiration. Max pain sits at $250 and the put/call open interest ratio is 0.08. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$293.42

52-week range

$146.28 – $301.01

ATM IV (30d)

31.0%

IV rank

4 / 100

Low

Expected move

±$23.84 (±8.1%)

Put/call OI

0.08

Call-heavy

Max pain

$250

↓ 14.8% below close

Next earnings

Nov 4, 2026

Most Active TRGP Contracts

Contract	Expiration	DTE	Last	IV	Volume
TRGP $290 call	Sep 18, 2026	25d	$10.70	31.4%	752
TRGP $300 put	Dec 18, 2026	116d	$24.20	500.0%	442
TRGP $300 call	Dec 18, 2026	116d	$19.80	33.0%	81
TRGP $300 call	Oct 16, 2026	53d	$11.90	32.0%	27
TRGP $280 call	Oct 16, 2026	53d	$23.66	32.7%	26

See all active TRGP contracts →

Explore TRGP Options Statistics

TRGP Implied Volatility

31.0% ATM IV (30d)

An IV rank of 4 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

TRGP Open Interest

0.08 put/call OI ratio

9,383 calls and 740 puts outstanding across all expirations.

Full open interest analysis →

TRGP Max Pain

$250 max pain

14.8% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

TRGP Gamma Exposure

$590.98M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

TRGP Options Volume

1,510 contracts traded

Put/call volume ratio 0.54 — plus contracts running far above their usual volume.

Full volume & flow analysis →

TRGP Most Active Options

$290 top volume strike

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

Full active contracts analysis →

Upcoming Earnings

TRGP's next expected earnings date is Nov 4, 2026. Options currently price a ±$23.84 (±8.1%) move for the front expiration.

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TRGP Options FAQ

When is TRGP's next earnings date?

TRGP's next expected earnings date is Nov 4, 2026. Options currently price a ±$23.84 (±8.1%) move for the front expiration.

How often is TRGP options data on this page updated?

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

OptiView publishes dedicated TRGP 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.