Innovator 20+ Year Treasury Bond 9 Buffer ETF (TBJL) 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 20+ Year Treasury Bond 9 Buffer ETF (TBJL) operates in the Financial Services sector, specifically the Asset Management - Bonds industry, with a market capitalization near $22.7M, listed on CBOE, carrying a beta of 0.42 to the broader market. The Innovator 20+ Year Treasury Bond 9 Buffer ETF seeks to provide the upside performance of the price return of the iShares 20+ Year Treasury Bond ETF (TLT), to a cap, and a buffer against the first 9% of losses over the outcome period. public since 2020-08-31.
Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for TBJL as of 2026-06-02; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.