Millicom International Ce... (TIGO)
Millicom International Cellular S.A. Max Pain By Strike
TIGO trades at $47.97, 6.6% above the near-term max pain of $45 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$45), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Millicom International Cellular S.A. Max Pain By Expiry
Max pain for TIGO shows a downward trend from 45 to 35, indicating bearish sentiment or hedging activity. The 26% spread signals divergent expectations across timeframes. Most levels below 47.97 may cap rallies. Strong magnetic level at 35 (3 expirations). 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 | 45 | -2.97 (-6.19%) |
| Oct 17, 2025 | 35 | -12.97 (-27.04%) |
| Jan 16, 2026 | 35 | -12.97 (-27.04%) |
| Apr 17, 2026 | 45 | -2.97 (-6.19%) |
| Sep 18, 2026 | 35 | -12.97 (-27.04%) |