TPG RE Finance Trust Inc. (TRTX)

TRTX trades at $9.68, 21.0% above the near-term max pain of $8 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$9), reflecting growing call interest at higher strikes. Key magnetic zone at 7 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TRTX shows an upward trend from 7 to 9, suggesting bullish positioning in longer-dated options. The 26% spread signals divergent expectations across timeframes. Most levels below 9.68 may cap rallies. Strong magnetic level at 7 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.