Trane Technologies (TT)
Trane Max Pain By Strike
TT trades at $429.06, 12.9% above the near-term max pain of $380 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($350-$460), signaling increased put positioning or downside protection. Key magnetic zone at 450 where 2 expirations converge.
Trane Max Pain By Expiry
Max pain for TT shows a downward trend from 460 to 350, indicating bearish sentiment or hedging activity. The 27% spread signals divergent expectations across timeframes. Levels distributed around 429.06. 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 | 380 | -49.06 (-11.43%) |
| Oct 17, 2025 | 430 | 0.94 (0.22%) |
| Nov 21, 2025 | 350 | -79.06 (-18.43%) |
| Dec 19, 2025 | 450 | 20.94 (4.88%) |
| Jan 16, 2026 | 410 | -19.06 (-4.44%) |
| Feb 20, 2026 | 450 | 20.94 (4.88%) |
| Mar 20, 2026 | 420 | -9.06 (-2.11%) |
| May 15, 2026 | 460 | 30.94 (7.21%) |
| Dec 18, 2026 | 370 | -59.06 (-13.76%) |
| Jan 15, 2027 | 400 | -29.06 (-6.77%) |