Cogent Biosciences Inc. (COGT)
Cogent Biosciences Max Pain By Strike
COGT trades at $11.88, 18.8% above the near-term max pain of $10 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($3-$12), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Cogent Biosciences Max Pain By Expiry
Max pain for COGT shows a downward trend from 12 to 3, indicating bearish sentiment or hedging activity. The 108% spread signals divergent expectations across timeframes. Most levels below 11.88 may cap rallies. 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 | 10 | -1.88 (-15.82%) |
| Oct 17, 2025 | 3 | -8.88 (-74.75%) |
| Nov 21, 2025 | 9 | -2.88 (-24.24%) |
| Dec 19, 2025 | 5 | -6.88 (-57.91%) |
| Jan 16, 2026 | 11 | -0.88 (-7.41%) |
| Feb 20, 2026 | 12 | 0.12 (1.01%) |