(TMAT)
Max Pain By Strike
TMAT trades at $25.16, 93.5% above the near-term max pain of $13 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 13 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 313% spread signals divergent expectations across timeframes. Most levels below 25.16 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 | 13 | -12.16 (-48.33%) |
| Oct 17, 2025 | 22 | -3.16 (-12.56%) |
| Dec 19, 2025 | 13 | -12.16 (-48.33%) |
| Jan 16, 2026 | 7 | -18.16 (-72.18%) |
| Mar 20, 2026 | 21 | -4.16 (-16.53%) |
| Dec 18, 2026 | 97.5 | 72.34 (287.52%) |