(TPYP)
Max Pain By Strike
TPYP trades at $35.82, 27.9% above the near-term max pain of $28 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($28-$95), signaling increased put positioning or downside protection. Key magnetic zone at 32 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for TPYP shows a downward trend from 95 to 28, indicating bearish sentiment or hedging activity. The 154% spread signals divergent expectations across timeframes. Most levels below 35.82 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 | 28 | -7.82 (-21.83%) |
| Oct 17, 2025 | 32 | -3.82 (-10.66%) |
| Dec 19, 2025 | 31 | -4.82 (-13.46%) |
| Mar 20, 2026 | 32 | -3.82 (-10.66%) |
| Dec 18, 2026 | 95 | 59.18 (165.21%) |