Celldex Therapeutics Inc. (CLDX)

CLDX trades at $26.41, 5.6% above the near-term max pain of $25 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($21-$90), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CLDX shows a downward trend from 90 to 21, indicating bearish sentiment or hedging activity. The 191% spread signals divergent expectations across timeframes. Levels distributed around 26.41. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.