Gentherm (THRM)

THRM trades at $36.05, 20.2% above the near-term max pain of $30 expiring Sep 19, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$95), signaling increased put positioning or downside protection. Key magnetic zone at 95 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for THRM shows a downward trend from 95 to 15, indicating bearish sentiment or hedging activity. The 163% spread signals divergent expectations across timeframes. Levels distributed around 36.05. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.