Trane Technologies (TT)

TT trades at $424.1, 3.4% above the near-term max pain of $410 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($370-$450), signaling increased put positioning or downside protection. Key magnetic zone at 410 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TT shows a downward trend from 450 to 370, indicating bearish sentiment or hedging activity. The 20% spread signals divergent expectations across timeframes. Most levels below 424.1 may cap rallies. Strong magnetic level at 410 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.