Sixth Street Specialty Le... (TSLX)
Sixth Street Specialty Lending Max Pain By Strike
TSLX trades at $22.8, 8.8% below the near-term max pain of $25 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. 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 232% spread signals divergent expectations across timeframes. Levels distributed around 22.8. 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 |
|---|---|---|
| Oct 17, 2025 | 25 | n/a (n/a) |
| Nov 21, 2025 | 12.5 | n/a (n/a) |
| Dec 19, 2025 | 22.5 | n/a (n/a) |
| Jan 16, 2026 | 95 | n/a (n/a) |
| Mar 20, 2026 | 22.5 | n/a (n/a) |