Connect Biopharma Limite... (CNTB)
Connect Biopharma Max Pain By Strike
CNTB trades at $1.72, 31.2% below the near-term max pain of $2.5 expiring Sep 19, 2025 (10 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$7), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Connect Biopharma Max Pain By Expiry
Max pain for CNTB shows a downward trend from 7 to 2.5, indicating bearish sentiment or hedging activity. The 132% spread signals divergent expectations across timeframes. Most levels above 1.72 could support dips. Strong magnetic level at 3 (4 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 |
|---|---|---|
| Sep 19, 2025 | 2.5 | 0.78 (45.35%) |
| Oct 17, 2025 | 2.5 | 0.78 (45.35%) |
| Dec 19, 2025 | 2.5 | 0.78 (45.35%) |
| Jan 16, 2026 | 7 | 5.28 (306.98%) |
| Mar 20, 2026 | 2.5 | 0.78 (45.35%) |