TON Strategy Co. (TONX)

TONX trades at $6.94, 7.5% below the near-term max pain of $7.5 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($2.5-$7.5), reflecting growing call interest at higher strikes. Key magnetic zone at 8 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TONX shows an upward trend from 2.5 to 7.5, suggesting bullish positioning in longer-dated options. The 80% spread signals divergent expectations across timeframes. Most levels above 6.94 could support dips. Strong magnetic level at 8 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.