Transportadora de Gas del... (TGS)
Transportadora de Gas del Sur S.A. Max Pain By Strike
TGS trades at $28.5, 128.0% above the near-term max pain of $12.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($12.5-$25), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Transportadora de Gas del Sur S.A. Max Pain By Expiry
Max pain for TGS shows an upward trend from 12.5 to 25, suggesting bullish positioning in longer-dated options. The 69% spread signals divergent expectations across timeframes. Most levels below 28.5 may cap rallies. 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 |
|---|---|---|
| Sep 19, 2025 | 12.5 | -16.00 (-56.14%) |
| Oct 17, 2025 | 25 | -3.50 (-12.28%) |
| Jan 16, 2026 | 20 | -8.50 (-29.82%) |
| Apr 17, 2026 | 15 | -13.50 (-47.37%) |