Thermon Group Inc. (THR)
Thermon Max Pain By Strike
THR trades at $25.34, 26.7% above the near-term max pain of $20 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$97.5), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Thermon Max Pain By Expiry
Max pain for THR shows a downward trend from 97.5 to 12.5, indicating bearish sentiment or hedging activity. The 229% spread signals divergent expectations across timeframes. Levels distributed around 25.34. 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 | 20 | -5.34 (-21.07%) |
| Oct 17, 2025 | 12.5 | -12.84 (-50.67%) |
| Nov 21, 2025 | 22.5 | -2.84 (-11.21%) |
| Jan 16, 2026 | 55 | 29.66 (117.05%) |
| Feb 20, 2026 | 15 | -10.34 (-40.81%) |
| Dec 18, 2026 | 97.5 | 72.16 (284.77%) |