TH · Target Hospitality Corp.

Track TH — free Ask ALVIS about TH

$16.15 -0.20 (-1.19%) At close · Jul 24

Market Cap

$1.62B

100.16M

Options Chain

15-min delayed Underlying $16.15 · today Options Calculator

Positioning

Aug 21, 2026 · 27 days to expiry · 36 contracts

Put / call OI

10.45

Put-heavy positioning

Open interest

4,991

contracts outstanding

Volume

429

traded today

Max pain

$17.00

$0.86 above spot

ATM implied vol

67.9%

market's expected move

Open interest by strike

Calls Puts

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 27d Sep 18 55d Oct 16 83d Jan 15 174d Dec 17 510d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
25	25	151.3%	0.878	$6.55		—	—	—	—	0
Call · $11 In the money Last $6.55 Breakeven $17.55 Implied vol 151.3% Delta 0.878 ≈88% ITM Gamma 0.03 Theta -0.026 Vega 0.009 Open interest 25 Model this call Put · $11 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
25	25	156.4%	0.827	$5.60		$0.05	-0.127	114.4%	1	1
Call · $12 In the money Last $5.60 Breakeven $17.60 Implied vol 156.4% Delta 0.827 ≈83% ITM Gamma 0.038 Theta -0.034 Vega 0.013 Open interest 25 Model this call Put · $12 Last $0.05 Breakeven $11.95 Implied vol 114.4% Delta -0.127 ≈13% ITM Gamma 0.041 Theta -0.019 Vega 0.01 Open interest 1 Model this put
0	1	117.6%	0.809	$3.50		—	—	—	—	0
Call · $13 In the money Last $3.50 Breakeven $16.50 Implied vol 117.6% Delta 0.809 ≈81% ITM Gamma 0.053 Theta -0.028 Vega 0.013 Open interest 0 Model this call Put · $13 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	103.4%	0.753	—		—	-0.209	80.7%	—	0
Call · $14 In the money Last — Breakeven — Implied vol 103.4% Delta 0.753 ≈75% ITM Gamma 0.069 Theta -0.028 Vega 0.014 Open interest 0 Model this call Put · $14 Last — Breakeven — Implied vol 80.7% Delta -0.209 ≈21% ITM Gamma 0.082 Theta -0.019 Vega 0.014 Open interest 0 Model this put
30	30	122.3%	0.663	$2.25		$0.65	-0.288	65.2%	1	26
Call · $15 In the money Last $2.25 Breakeven $17.25 Implied vol 122.3% Delta 0.663 ≈66% ITM Gamma 0.068 Theta -0.038 Vega 0.017 Open interest 30 Model this call Put · $15 Last $0.65 Breakeven $14.35 Implied vol 65.2% Delta -0.288 ≈29% ITM Gamma 0.12 Theta -0.018 Vega 0.015 Open interest 26 Model this put
1	1	64.7%	0.578	$2.75		$1.05	-0.423	71.1%	8	4.1k
Call · $16 In the money Last $2.75 Breakeven $18.75 Implied vol 64.7% Delta 0.578 ≈58% ITM Gamma 0.138 Theta -0.022 Vega 0.017 Open interest 1 Model this call Put · $16 Last $1.05 Breakeven $14.95 Implied vol 71.1% Delta -0.423 ≈42% ITM Gamma 0.126 Theta -0.022 Vega 0.017 Open interest 4.1k Model this put
Underlying $16.15
302	1	84.9%	0.476	$1.00		$1.50	-0.557	66%	26	226
Call · $17 Last $1.00 Breakeven $18.00 Implied vol 84.9% Delta 0.476 ≈48% ITM Gamma 0.107 Theta -0.029 Vega 0.018 Open interest 302 Model this call Put · $17 In the money Last $1.50 Breakeven $15.50 Implied vol 66% Delta -0.557 ≈56% ITM Gamma 0.137 Theta -0.021 Vega 0.018 Open interest 226 Model this put
22	10	64.7%	0.32	$0.65		$2.01	-0.687	63.8%	200	200
Call · $18 Last $0.65 Breakeven $18.65 Implied vol 64.7% Delta 0.32 ≈32% ITM Gamma 0.125 Theta -0.02 Vega 0.016 Open interest 22 Model this call Put · $18 In the money Last $2.01 Breakeven $15.99 Implied vol 63.8% Delta -0.687 ≈69% ITM Gamma 0.128 Theta -0.018 Vega 0.016 Open interest 200 Model this put
2	1	75.6%	0.259	$0.50		—	-0.837	54.8%	—	0
Call · $19 Last $0.50 Breakeven $19.50 Implied vol 75.6% Delta 0.259 ≈26% ITM Gamma 0.098 Theta -0.021 Vega 0.013 Open interest 2 Model this call Put · $19 In the money Last — Breakeven — Implied vol 54.8% Delta -0.837 ≈84% ITM Gamma 0.108 Theta -0.01 Vega 0.012 Open interest 0 Model this put
5	3	83.9%	0.219	$0.88		—	-0.788	82.9%	—	0
Call · $20 Last $0.88 Breakeven $20.88 Implied vol 83.9% Delta 0.219 ≈22% ITM Gamma 0.08 Theta -0.021 Vega 0.013 Open interest 5 Model this call Put · $20 In the money Last — Breakeven — Implied vol 82.9% Delta -0.788 ≈79% ITM Gamma 0.081 Theta -0.018 Vega 0.013 Open interest 0 Model this put
0	—	91.7%	0.186	—		—	-0.821	90.8%	—	0
Call · $21 Last — Breakeven — Implied vol 91.7% Delta 0.186 ≈19% ITM Gamma 0.066 Theta -0.021 Vega 0.013 Open interest 0 Model this call Put · $21 In the money Last — Breakeven — Implied vol 90.8% Delta -0.821 ≈82% ITM Gamma 0.067 Theta -0.018 Vega 0.013 Open interest 0 Model this put
8	5	106.4%	0.185	$0.28		—	—	—	—	0
Call · $22 Last $0.28 Breakeven $22.28 Implied vol 106.4% Delta 0.185 ≈19% ITM Gamma 0.057 Theta -0.024 Vega 0.014 Open interest 8 Model this call Put · $22 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
5	10	117%	0.174	$0.83		$6.80	-0.969	69.9%	2	0
Call · $23 Last $0.83 Breakeven $23.83 Implied vol 117% Delta 0.174 ≈17% ITM Gamma 0.05 Theta -0.025 Vega 0.014 Open interest 5 Model this call Put · $23 In the money Last $6.80 Breakeven $16.20 Implied vol 69.9% Delta -0.969 ≈97% ITM Gamma 0.031 Theta -0.003 Vega 0.004 Open interest 0 Model this put
0	—	125.5%	0.166	—		$7.80	-0.898	103.1%	2	0
Call · $24 Last — Breakeven — Implied vol 125.5% Delta 0.166 ≈17% ITM Gamma 0.045 Theta -0.026 Vega 0.009 Open interest 0 Model this call Put · $24 In the money Last $7.80 Breakeven $16.20 Implied vol 103.1% Delta -0.898 ≈90% ITM Gamma 0.041 Theta -0.014 Vega 0.009 Open interest 0 Model this put
2	3	133.2%	0.158	$0.33		$8.80	-0.922	104.3%	2	1
Call · $25 Last $0.33 Breakeven $25.33 Implied vol 133.2% Delta 0.158 ≈16% ITM Gamma 0.041 Theta -0.027 Vega 0.01 Open interest 2 Model this call Put · $25 In the money Last $8.80 Breakeven $16.20 Implied vol 104.3% Delta -0.922 ≈92% ITM Gamma 0.035 Theta -0.011 Vega 0.005 Open interest 1 Model this put
9	66	145.8%	0.163	$0.40		$9.80	-0.908	119.1%	2	0
Call · $26 Last $0.40 Breakeven $26.40 Implied vol 145.8% Delta 0.163 ≈16% ITM Gamma 0.038 Theta -0.03 Vega 0.01 Open interest 9 Model this call Put · $26 In the money Last $9.80 Breakeven $16.20 Implied vol 119.1% Delta -0.908 ≈91% ITM Gamma 0.034 Theta -0.015 Vega 0.009 Open interest 0 Model this put
0	—	147.8%	0.147	—		$10.80	-0.976	94.6%	2	0
Call · $27 Last — Breakeven — Implied vol 147.8% Delta 0.147 ≈15% ITM Gamma 0.035 Theta -0.028 Vega 0.01 Open interest 0 Model this call Put · $27 In the money Last $10.80 Breakeven $16.20 Implied vol 94.6% Delta -0.976 ≈98% ITM Gamma 0.019 Theta -0.004 Vega 0.002 Open interest 0 Model this put
0	—	152.2%	0.136	—		$11.80	—	—	2	0
Call · $28 Last — Breakeven — Implied vol 152.2% Delta 0.136 ≈14% ITM Gamma 0.032 Theta -0.027 Vega 0.01 Open interest 0 Model this call Put · $28 In the money Last $11.80 Breakeven $16.20 Implied vol — Delta — Gamma — Theta — Vega — 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 1712189 CUSIP 87615L107 13F (30d) 17 filings 17 filers Visit website Investor relations