(TMF)
Max Pain By Strike
TMF trades at $37.38, pinned near the near-term max pain of $37.5 expiring Aug 22, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($25-$39), indicating stable market expectations. Key magnetic zone at 38 where 6 expirations converge.
Max Pain By Expiry
Max pain for TMF shows stable levels around 36.45, reflecting balanced market expectations. The 38% spread signals divergent expectations across timeframes. Most levels above 37.38 could support dips. Strong magnetic level at 38 (6 expirations). 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 22, 2025 | 37.5 | 0.12 (0.31%) |
| Aug 29, 2025 | 37.5 | 0.12 (0.31%) |
| Sep 5, 2025 | 37.5 | 0.12 (0.31%) |
| Sep 12, 2025 | 37.5 | 0.12 (0.31%) |
| Sep 19, 2025 | 38 | 0.62 (1.65%) |
| Sep 26, 2025 | 39 | 1.62 (4.32%) |
| Oct 17, 2025 | 37 | -0.38 (-1.03%) |
| Nov 21, 2025 | 39 | 1.62 (4.32%) |
| Jan 16, 2026 | 35 | -2.38 (-6.38%) |
| Feb 20, 2026 | 38 | 0.62 (1.65%) |
| Jan 15, 2027 | 25 | -12.38 (-33.13%) |