Centessa Pharmaceuticals (CNTA)

CNTA trades at $23.23, 16.2% above the near-term max pain of $20 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$22.5), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CNTA shows a downward trend from 22.5 to 12.5, indicating bearish sentiment or hedging activity. The 53% spread signals divergent expectations across timeframes. Most levels below 23.23 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.