Targa Resources Corp. (TRGP)
Targa Resources Max Pain By Strike
TRGP trades at $162.62, pinned near the near-term max pain of $165 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($85-$170), reflecting growing call interest at higher strikes. Key magnetic zone at 160 where 2 expirations converge.
Targa Resources Max Pain By Expiry
Max pain for TRGP shows an upward trend from 85 to 170, suggesting bullish positioning in longer-dated options. The 64% spread signals divergent expectations across timeframes. Most levels below 162.62 may cap rallies. 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 | 165 | n/a (n/a) |
| Nov 21, 2025 | 160 | n/a (n/a) |
| Dec 19, 2025 | 130 | n/a (n/a) |
| Jan 16, 2026 | 170 | n/a (n/a) |
| Mar 20, 2026 | 105 | n/a (n/a) |
| Apr 17, 2026 | 85 | n/a (n/a) |
| Jun 18, 2026 | 160 | n/a (n/a) |
| Sep 18, 2026 | 95 | n/a (n/a) |