(THNQ)
Max Pain By Strike
THNQ trades at $59.13, 13.7% above the near-term max pain of $52 expiring Sep 19, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($8-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for THNQ shows a downward trend from 95 to 8, indicating bearish sentiment or hedging activity. The 179% spread signals divergent expectations across timeframes. Most levels below 59.13 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 | 52 | -7.13 (-12.07%) |
| Oct 17, 2025 | 53 | -6.13 (-10.37%) |
| Nov 21, 2025 | 36 | -23.13 (-39.12%) |
| Dec 19, 2025 | 8 | -51.13 (-86.47%) |
| Jan 16, 2026 | 95 | 35.87 (60.65%) |
| Feb 20, 2026 | 48 | -11.13 (-18.83%) |