Sixth Street Specialty Le... (TSLX)
Sixth Street Specialty Lending Max Pain By Strike
TSLX trades at $24.04, 3.8% below the near-term max pain of $25 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Sixth Street Specialty Lending Max Pain By Expiry
Max pain for TSLX shows a downward trend from 95 to 12.5, indicating bearish sentiment or hedging activity. The 244% spread signals divergent expectations across timeframes. Levels distributed around 24.04. 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 | 25 | 0.96 (3.99%) |
| Sep 19, 2025 | 22.5 | -1.54 (-6.41%) |
| Oct 17, 2025 | 12.5 | -11.54 (-48.00%) |
| Dec 19, 2025 | 22.5 | -1.54 (-6.41%) |
| Jan 16, 2026 | 95 | 70.96 (295.17%) |
| Mar 20, 2026 | 25 | 0.96 (3.99%) |