Thermon Group Inc. (THR)
Thermon Max Pain By Strike
THR trades at $25.26, 26.3% above the near-term max pain of $20 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 2 expirations converge. 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 245% spread signals divergent expectations across timeframes. Most levels below 25.26 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 |
|---|---|---|
| Aug 15, 2025 | 20 | -5.26 (-20.82%) |
| Sep 19, 2025 | 20 | -5.26 (-20.82%) |
| Oct 17, 2025 | 12.5 | -12.76 (-50.51%) |
| Nov 21, 2025 | 22.5 | -2.76 (-10.93%) |
| Jan 16, 2026 | 55 | 29.74 (117.74%) |
| Feb 20, 2026 | 15 | -10.26 (-40.62%) |
| Dec 18, 2026 | 97.5 | 72.24 (285.99%) |