Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for TE Connectivity options about one week from expiration was $221.14. The chart above shows the exact max pain for each expiration date.

TE Connectivity closed above its near-term max pain on 12 of the last 20 trading days. On Nov 4, 2026 it closed at $220.27, close to max pain of $221.14.

Over the last 20 trading days, near-term max pain for TE Connectivity ranged from $200.00 to $221.92. It went from $200.09 on Oct 8, 2026 to $221.14 on Nov 4, 2026. See the TEL max pain history for a longer view.

TE Connectivity is one of the world's largest electrical connector suppliers, providing interconnects and sensors to the transportation, industrial, and communications markets.