Triple Witching and Why Weird Movements (Patreon)
Published:
2025-06-20 14:51:27
Imported:
2026-06
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Today is triple witching and that means weirdness.
The weak tesla action can be easily explained.

This chart displays the "Max Pain" for Tesla (TSLA) options expiring on June 20, 2025. "Max Pain" is the strike price at which the largest number of options (both calls and puts) expire worthless, causing the maximum financial loss to options holders and the least payout from options sellers (often market makers). aka Market Makers need to keep price as close to $300 as possible.
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