Talphera Inc. (TLPH)
Talphera Max Pain By Strike
TLPH trades at $0.96, 4.0% below the near-term max pain of $1 expiring Oct 17, 2025 (13 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($0.5-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 1 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Talphera Max Pain By Expiry
Max pain for TLPH shows a downward trend from 97.5 to 0.5, indicating bearish sentiment or hedging activity. The 483% spread signals divergent expectations across timeframes. Levels distributed around 0.96. Strong magnetic level at 1 (4 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 |
|---|---|---|
| Oct 17, 2025 | 1 | n/a (n/a) |
| Nov 21, 2025 | 0.5 | n/a (n/a) |
| Dec 19, 2025 | 0.5 | n/a (n/a) |
| Mar 20, 2026 | 1 | n/a (n/a) |
| Dec 18, 2026 | 97.5 | n/a (n/a) |