Tronox (TROX)
Tronox Max Pain By Strike
TROX trades at $3.65, 27.0% below the near-term max pain of $5 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($1-$6), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Tronox Max Pain By Expiry
Max pain for TROX shows a downward trend from 6 to 1, indicating bearish sentiment or hedging activity. The 129% spread signals divergent expectations across timeframes. Levels distributed around 3.65. 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 |
|---|---|---|
| Aug 15, 2025 | 5 | 1.35 (37.17%) |
| Sep 19, 2025 | 3 | -0.65 (-17.70%) |
| Oct 17, 2025 | 1 | -2.65 (-72.57%) |
| Nov 21, 2025 | 4 | 0.35 (9.74%) |
| Dec 19, 2025 | 5 | 1.35 (37.17%) |
| Jan 16, 2026 | 6 | 2.35 (64.61%) |
| Feb 20, 2026 | 4 | 0.35 (9.74%) |
| Mar 20, 2026 | 3 | -0.65 (-17.70%) |