(THNQ)

THNQ trades at $62.17, 19.6% above the near-term max pain of $52 expiring Sep 19, 2025 (7 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($8-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for THNQ shows a downward trend from 95 to 8, indicating bearish sentiment or hedging activity. The 179% spread signals divergent expectations across timeframes. Most levels below 62.17 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.