Texas Capital Bancshares ... (TCBI)
Texas Capital Bancshares Max Pain By Strike
TCBI trades at $84.72, pinned near the near-term max pain of $85 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($45-$95), signaling increased put positioning or downside protection. Key magnetic zone at 85 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 45, indicating bearish sentiment or hedging activity. The 66% spread signals divergent expectations across timeframes. Levels distributed around 84.72. 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 |
|---|---|---|
| Oct 17, 2025 | 85 | n/a (n/a) |
| Nov 21, 2025 | 45 | n/a (n/a) |
| Dec 19, 2025 | 85 | n/a (n/a) |
| Jan 16, 2026 | 95 | n/a (n/a) |
| Mar 20, 2026 | 70 | n/a (n/a) |