(THNQ)
Max Pain By Strike
THNQ trades at $57.38, 10.3% above the near-term max pain of $52 expiring Sep 19, 2025 (32 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 By Expiry
Max pain for THNQ shows a downward trend from 95 to 8, indicating bearish sentiment or hedging activity. The 178% spread signals divergent expectations across timeframes. Most levels below 57.38 may cap rallies. 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 |
|---|---|---|
| Sep 19, 2025 | 52 | -5.38 (-9.38%) |
| Oct 17, 2025 | 54 | -3.38 (-5.89%) |
| Nov 21, 2025 | 36 | -21.38 (-37.26%) |
| Dec 19, 2025 | 8 | -49.38 (-86.06%) |
| Jan 16, 2026 | 95 | 37.62 (65.56%) |
| Feb 20, 2026 | 48 | -9.38 (-16.35%) |