Gray Media Inc. (GTN) Options Max Pain Analysis | Strike Price Pressure & Sentiment - Stocknear

Gray Media Inc.

NYSE: GTN · Real-Time Price · USD
5.80
0.04 (0.69%)
At close: Sep 26, 2025, 3:59 PM
5.80
-0.09%
After-hours: Sep 26, 2025, 06:19 PM EDT

Gray Media Max Pain By Strike

GTN trades at $5.8, 16.0% above the near-term max pain of $5 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$8), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Gray Media Max Pain By Expiry

Max pain for GTN shows a downward trend from 8 to 2.5, indicating bearish sentiment or hedging activity. The 115% spread signals divergent expectations across timeframes. Most levels below 5.8 may cap rallies. Strong magnetic level at 5 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.

Max Pain Table

Expiration Date Max Pain Max Pain vs Current Price
Oct 17, 2025 5 n/a (n/a)
Nov 21, 2025 5 n/a (n/a)
Dec 19, 2025 5 n/a (n/a)
Jan 16, 2026 8 n/a (n/a)
Feb 20, 2026 5 n/a (n/a)
May 15, 2026 2.5 n/a (n/a)
Jul 17, 2026 5 n/a (n/a)
Oct 16, 2026 2.5 n/a (n/a)
Dec 18, 2026 5 n/a (n/a)