(TMAT)
Max Pain By Strike
TMAT trades at $26.7, 2.7% above the near-term max pain of $26 expiring Sep 19, 2025 (7 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($7-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 21 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for TMAT shows a downward trend from 97.5 to 7, indicating bearish sentiment or hedging activity. The 293% spread signals divergent expectations across timeframes. Most levels below 26.7 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 |
|---|---|---|
| Sep 19, 2025 | 26 | -0.70 (-2.60%) |
| Oct 17, 2025 | 21 | -5.70 (-21.33%) |
| Dec 19, 2025 | 13 | -13.70 (-51.30%) |
| Jan 16, 2026 | 7 | -19.70 (-73.78%) |
| Mar 20, 2026 | 21 | -5.70 (-21.33%) |
| Dec 18, 2026 | 97.5 | 70.81 (265.24%) |