Benitec Biopharma Inc. (BNTC)
Benitec Biopharma Max Pain By Strike
BNTC trades at $12.93, 3.4% above the near-term max pain of $12.5 expiring Aug 15, 2025 (-1 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$12.5), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Benitec Biopharma Max Pain By Expiry
Max pain for BNTC shows a downward trend from 12.5 to 2.5, indicating bearish sentiment or hedging activity. The 154% spread signals divergent expectations across timeframes. Most levels below 12.93 may cap rallies. Strong magnetic level at 3 (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 |
|---|---|---|
| Aug 15, 2025 | 12.5 | -0.43 (-3.33%) |
| Sep 19, 2025 | 2.5 | -10.43 (-80.67%) |
| Oct 17, 2025 | 2.5 | -10.43 (-80.67%) |
| Jan 16, 2026 | 12.5 | -0.43 (-3.33%) |
| Apr 17, 2026 | 2.5 | -10.43 (-80.67%) |