TENX · Tenax Therapeutics, Inc.

Track TENX — free Ask ALVIS about TENX

$14.84 -0.96 (-6.08%)

Market Cap

$419.10M

26.53M

Options Chain

15-min delayed Underlying $14.84 · today Options Calculator

Positioning

Aug 21, 2026 · 23 days to expiry · 24 contracts

Put / call OI

1.20

Balanced positioning

Open interest

16,552

contracts outstanding

Volume

2,183

traded today

Max pain

$15.00

$0.16 above spot

ATM implied vol

460.2%

market's expected move

Open interest by strike

Calls Puts

2.5

7.5

12.5

17.5

22.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 23d Sep 18 51d Oct 16 79d Jan 15 170d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
1	2	445.5%	0.986	$13.50		$0.30	-0.016	476%	146	1.8k
Call · $2.5 In the money Last $13.50 Breakeven $16.00 Implied vol 445.5% Delta 0.986 ≈99% ITM Gamma 0.002 Theta -0.014 Vega 0.001 Open interest 1 Model this call Put · $2.5 Last $0.30 Breakeven $2.20 Implied vol 476% Delta -0.016 ≈2% ITM Gamma 0.002 Theta -0.017 Vega 0.001 Open interest 1.8k Model this put
2	1	415%	0.947	$14.61		$1.20	-0.064	511.4%	278	2.2k
Call · $5 In the money Last $14.61 Breakeven $19.61 Implied vol 415% Delta 0.947 ≈95% ITM Gamma 0.007 Theta -0.039 Vega 0.005 Open interest 2 Model this call Put · $5 Last $1.20 Breakeven $3.80 Implied vol 511.4% Delta -0.064 ≈6% ITM Gamma 0.006 Theta -0.054 Vega 0.005 Open interest 2.2k Model this put
2	2	413.1%	0.889	$8.00		$1.93	-0.113	447.4%	14	829
Call · $7.5 In the money Last $8.00 Breakeven $15.50 Implied vol 413.1% Delta 0.889 ≈89% ITM Gamma 0.012 Theta -0.068 Vega 0.008 Open interest 2 Model this call Put · $7.5 Last $1.93 Breakeven $5.57 Implied vol 447.4% Delta -0.113 ≈11% ITM Gamma 0.011 Theta -0.073 Vega 0.008 Open interest 829 Model this put
37	2	431.7%	0.827	$7.70		$3.20	-0.175	363.9%	9	1.3k
Call · $10 In the money Last $7.70 Breakeven $17.70 Implied vol 431.7% Delta 0.827 ≈83% ITM Gamma 0.015 Theta -0.095 Vega 0.009 Open interest 37 Model this call Put · $10 Last $3.20 Breakeven $6.80 Implied vol 363.9% Delta -0.175 ≈18% ITM Gamma 0.018 Theta -0.08 Vega 0.01 Open interest 1.3k Model this put
107	2	457.1%	0.777	$6.73		$4.50	-0.221	464.5%	25	1.7k
Call · $12.5 In the money Last $6.73 Breakeven $19.23 Implied vol 457.1% Delta 0.777 ≈78% ITM Gamma 0.017 Theta -0.117 Vega 0.012 Open interest 107 Model this call Put · $12.5 Last $4.50 Breakeven $8.00 Implied vol 464.5% Delta -0.221 ≈22% ITM Gamma 0.016 Theta -0.117 Vega 0.012 Open interest 1.7k Model this put
Underlying $14.84
2.8k	27	489.9%	0.737	$6.76		$6.10	-0.286	430.5%	1.3k	1.2k
Call · $15 Last $6.76 Breakeven $21.76 Implied vol 489.9% Delta 0.737 ≈74% ITM Gamma 0.017 Theta -0.138 Vega 0.012 Open interest 2.8k Model this call Put · $15 In the money Last $6.10 Breakeven $8.90 Implied vol 430.5% Delta -0.286 ≈29% ITM Gamma 0.021 Theta -0.125 Vega 0.013 Open interest 1.2k Model this put
373	52	455.2%	0.679	$6.32		$8.00	-0.321	454.9%	2	8
Call · $17.5 Last $6.32 Breakeven $23.82 Implied vol 455.2% Delta 0.679 ≈68% ITM Gamma 0.02 Theta -0.14 Vega 0.014 Open interest 373 Model this call Put · $17.5 In the money Last $8.00 Breakeven $9.50 Implied vol 454.9% Delta -0.321 ≈32% ITM Gamma 0.02 Theta -0.138 Vega 0.014 Open interest 8 Model this put
511	7	435.7%	0.623	$5.00		$10.27	-0.382	429%	13	23
Call · $20 Last $5.00 Breakeven $25.00 Implied vol 435.7% Delta 0.623 ≈62% ITM Gamma 0.022 Theta -0.141 Vega 0.015 Open interest 511 Model this call Put · $20 In the money Last $10.27 Breakeven $9.73 Implied vol 429% Delta -0.382 ≈38% ITM Gamma 0.023 Theta -0.138 Vega 0.015 Open interest 23 Model this put
37	23	395%	0.543	$4.34		—	-0.463	388.3%	—	0
Call · $22.5 Last $4.34 Breakeven $26.84 Implied vol 395% Delta 0.543 ≈54% ITM Gamma 0.026 Theta -0.135 Vega 0.014 Open interest 37 Model this call Put · $22.5 In the money Last — Breakeven — Implied vol 388.3% Delta -0.463 ≈46% ITM Gamma 0.027 Theta -0.131 Vega 0.014 Open interest 0 Model this put
682	27	409.7%	0.519	$4.00		$14.20	-0.442	454.5%	2	0
Call · $25 Last $4.00 Breakeven $29.00 Implied vol 409.7% Delta 0.519 ≈52% ITM Gamma 0.025 Theta -0.14 Vega 0.015 Open interest 682 Model this call Put · $25 In the money Last $14.20 Breakeven $10.80 Implied vol 454.5% Delta -0.442 ≈44% ITM Gamma 0.022 Theta -0.152 Vega 0.014 Open interest 0 Model this put
2.6k	79	407.8%	0.445	$3.00		$17.90	-0.526	433.4%	2	13
Call · $30 Last $3.00 Breakeven $33.00 Implied vol 407.8% Delta 0.445 ≈44% ITM Gamma 0.025 Theta -0.138 Vega 0.016 Open interest 2.6k Model this call Put · $30 In the money Last $17.90 Breakeven $12.10 Implied vol 433.4% Delta -0.526 ≈53% ITM Gamma 0.024 Theta -0.144 Vega 0.016 Open interest 13 Model this put
408	119	360.8%	0.327	$2.50		—	-0.653	376.8%	—	0
Call · $35 Last $2.50 Breakeven $37.50 Implied vol 360.8% Delta 0.327 ≈33% ITM Gamma 0.026 Theta -0.111 Vega 0.014 Open interest 408 Model this call Put · $35 In the money Last — Breakeven — Implied vol 376.8% Delta -0.653 ≈65% ITM Gamma 0.025 Theta -0.116 Vega 0.014 Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 34956 CUSIP 88032L605 13F (30d) 9 filings 9 filers Visit website Investor relations