Bicycle Therapeutics (BCYC)
Bicycle Therapeutics Max Pain By Strike
BCYC trades at $7.45, pinned near the near-term max pain of $7.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$65), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Bicycle Therapeutics Max Pain By Expiry
Max pain for BCYC shows a downward trend from 65 to 2.5, indicating bearish sentiment or hedging activity. The 385% spread signals divergent expectations across timeframes. Levels distributed around 7.45. 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 |
|---|---|---|
| Aug 15, 2025 | 7.5 | 0.05 (0.67%) |
| Sep 19, 2025 | 10 | 2.55 (34.23%) |
| Oct 17, 2025 | 2.5 | -4.95 (-66.44%) |
| Dec 19, 2025 | 7.5 | 0.05 (0.67%) |
| Jan 16, 2026 | 65 | 57.55 (772.48%) |
| Mar 20, 2026 | 5 | -2.45 (-32.89%) |