Thermon Group Inc. (THR)
Thermon Max Pain By Strike
THR trades at $25.54, 2.2% above the near-term max pain of $25 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12.5-$97.5), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Thermon Max Pain By Expiry
Max pain for THR shows a downward trend from 97.5 to 12.5, indicating bearish sentiment or hedging activity. The 224% spread signals divergent expectations across timeframes. Levels distributed around 25.54. 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 | 25 | -0.54 (-2.11%) |
| Oct 17, 2025 | 12.5 | -13.04 (-51.06%) |
| Nov 21, 2025 | 22.5 | -3.04 (-11.90%) |
| Jan 16, 2026 | 55 | 29.46 (115.35%) |
| Feb 20, 2026 | 15 | -10.54 (-41.27%) |
| Dec 18, 2026 | 97.5 | 71.96 (281.75%) |