Bicycle Therapeutics (BCYC)
Bicycle Therapeutics Max Pain By Strike
BCYC trades at $7.4, pinned near the near-term max pain of $7.5 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($7-$65), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 3 expirations converge.
Bicycle Therapeutics Max Pain By Expiry
Max pain for BCYC shows a downward trend from 65 to 7, indicating bearish sentiment or hedging activity. The 307% spread signals divergent expectations across timeframes. Most levels above 7.4 could support dips. Strong magnetic level at 8 (3 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 |
|---|---|---|
| Oct 17, 2025 | 7.5 | n/a (n/a) |
| Nov 21, 2025 | 7 | n/a (n/a) |
| Dec 19, 2025 | 7.5 | n/a (n/a) |
| Jan 16, 2026 | 65 | n/a (n/a) |
| Mar 20, 2026 | 7.5 | n/a (n/a) |