Tencent Music Entertainme... (TME)
Tencent Music Entertainment Max Pain By Strike
TME trades at $25.69, 7.0% above the near-term max pain of $24 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$30), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Tencent Music Entertainment Max Pain By Expiry
Max pain for TME shows a downward trend from 30 to 15, indicating bearish sentiment or hedging activity. The 74% spread signals divergent expectations across timeframes. Most levels below 25.69 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 | 24 | -1.69 (-6.58%) |
| Oct 17, 2025 | 17 | -8.69 (-33.83%) |
| Jan 16, 2026 | 18 | -7.69 (-29.93%) |
| Apr 17, 2026 | 30 | 4.31 (16.78%) |
| Jun 18, 2026 | 18 | -7.69 (-29.93%) |
| Jan 15, 2027 | 15 | -10.69 (-41.61%) |