Taiwan Semiconductor Manu... (TSM)
Taiwan Semiconductor Manufacturing Max Pain By Strike
TSM trades at $241.34, pinned near the near-term max pain of $237.5 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($170-$245), reflecting growing call interest at higher strikes. Key magnetic zone at 200 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Taiwan Semiconductor Manufacturing Max Pain By Expiry
Max pain for TSM shows an upward trend from 170 to 245, suggesting bullish positioning in longer-dated options. The 35% spread signals divergent expectations across timeframes. Most levels below 241.34 may cap rallies. Strong magnetic level at 200 (5 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 | 237.5 | -3.84 (-1.59%) |
| Aug 29, 2025 | 240 | -1.34 (-0.56%) |
| Sep 5, 2025 | 245 | 3.66 (1.51%) |
| Sep 12, 2025 | 235 | -6.34 (-2.63%) |
| Sep 19, 2025 | 200 | -41.34 (-17.13%) |
| Sep 26, 2025 | 240 | -1.34 (-0.56%) |
| Oct 17, 2025 | 210 | -31.34 (-12.99%) |
| Nov 21, 2025 | 220 | -21.34 (-8.84%) |
| Dec 19, 2025 | 190 | -51.34 (-21.27%) |
| Jan 16, 2026 | 190 | -51.34 (-21.27%) |
| Feb 20, 2026 | 240 | -1.34 (-0.56%) |
| Mar 20, 2026 | 200 | -41.34 (-17.13%) |
| Apr 17, 2026 | 195 | -46.34 (-19.20%) |
| May 15, 2026 | 230 | -11.34 (-4.70%) |
| Jun 18, 2026 | 200 | -41.34 (-17.13%) |
| Sep 18, 2026 | 200 | -41.34 (-17.13%) |
| Dec 18, 2026 | 195 | -46.34 (-19.20%) |
| Jan 15, 2027 | 170 | -71.34 (-29.56%) |
| Dec 17, 2027 | 200 | -41.34 (-17.13%) |