Innovator Equity Defined Protection ETF (TAPR) Max Pain Analysis
Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.
Innovator Equity Defined Protection ETF (TAPR) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $10.5M, listed on CBOE, carrying a beta of 0.19 to the broader market. The Innovator Equity Defined Protection ETF seeks to track the return of SPDR S&P 500 ETF Trust (SPY), to a cap, with a 100% downside buffer over a 2-year outcome period, before fees and expenses. public since 2025-04-01.
Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for TAPR as of 2026-06-01; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.