Tronox (TROX)
Tronox Max Pain By Strike
TROX trades at $4.08, 2.0% above the near-term max pain of $4 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($3-$6), signaling increased put positioning or downside protection. Key magnetic zone at 4 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Tronox Max Pain By Expiry
Max pain for TROX shows a downward trend from 6 to 3, indicating bearish sentiment or hedging activity. The 72% spread signals divergent expectations across timeframes. Most levels below 4.08 may cap rallies. Strong magnetic level at 4 (3 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 |
|---|---|---|
| Sep 19, 2025 | 4 | -0.08 (-2.08%) |
| Oct 17, 2025 | 3 | -1.08 (-26.56%) |
| Nov 21, 2025 | 4 | -0.08 (-2.08%) |
| Dec 19, 2025 | 5 | 0.92 (22.40%) |
| Jan 16, 2026 | 6 | 1.92 (46.88%) |
| Feb 20, 2026 | 4 | -0.08 (-2.08%) |
| Mar 20, 2026 | 3 | -1.08 (-26.56%) |