(TOPT)
Max Pain By Strike
TOPT trades at $29.02, pinned near the near-term max pain of $29 expiring Sep 19, 2025 (24 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($24-$29), reflecting growing call interest at higher strikes.
Max Pain By Expiry
Max pain for TOPT shows an upward trend from 24 to 29, suggesting bullish positioning in longer-dated options. The 19% spread signals divergent expectations across timeframes. Most levels below 29.02 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 | 29 | -0.02 (-0.07%) |
| Oct 17, 2025 | 28 | -1.02 (-3.51%) |
| Nov 21, 2025 | 24 | -5.02 (-17.30%) |
| Feb 20, 2026 | 25 | -4.02 (-13.85%) |