Terex Corporation (TEX)

TEX trades at $52.63, 5.3% above the near-term max pain of $50 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($45-$50), reflecting growing call interest at higher strikes. Key magnetic zone at 50 where 3 expirations converge.

Max pain for TEX shows an upward trend from 45 to 50, suggesting bullish positioning in longer-dated options. The 10% spread signals divergent expectations across timeframes. Most levels below 52.63 may cap rallies. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.