Options · TMO

GEX × Max Pain for TMO

AI-generated plain-English read of gex × max pain for TMO. Updated daily.

Amplifier regime around $694.76 — moves get accelerated. Watch for any trigger; the structure won't dampen it.

What will probably happen

Short-term: moves get amplified. Expect bigger swings than the news warrants.
Longer-dated OI is positioned for settlement at $550.00 (-21% from here) — gravitational pull down over weeks-to-months.

If you HOLD this stock: Amplifier regime — drops will be sharper than the news warrants. Consider a small protective put if you're sensitive to drawdowns.
If you TRADE this stock (no options): No clean directional setup from the structure. Wait for an external trigger (earnings, sector flow, news) before sizing.
If you trade OPTIONS: No edge from the structure alone — premium is fairly priced for the regime. Wait for tighter convergence or a clearer directional setup.

magnets agree on direction but spread is wide; 1 data-quality caveat(s)

Technical details

Term: Term structure: max-gamma stays near $570.00 across the curve; max-pain drops from $690.00 to $550.00.
Regime: Net GEX is negative ($-296.9K) and the per-strike GEX never flips sign — dealers are net short gamma across the entire chain, hedging AMPLIFIES moves with no zero-crossing buffer.
Structure: Spot $694.76; front-week magnet at $570.00 (max-gamma) and $690.00 (max-pain).
Convergence: Same-side bias but loose: max-gamma at $570.00, max-pain at $690.00. The magnets agree on direction but disagree on magnitude — directional conviction is weaker than a tight convergence.

One mid-curve expiration carries >5× the front-week dollar GEX — single-position concentration risk; signal is more vulnerable to unwinds.