Tronox (TROX)

TROX trades at $4.77, 19.2% above the near-term max pain of $4 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($3-$6), signaling increased put positioning or downside protection. Key magnetic zone at 4 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TROX shows a downward trend from 6 to 3, indicating bearish sentiment or hedging activity. The 70% spread signals divergent expectations across timeframes. Most levels below 4.77 may cap rallies. Strong magnetic level at 4 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.