Cybin Inc. (CYBN)
Cybin Max Pain By Strike
CYBN trades at $7.08, 41.6% above the near-term max pain of $5 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$5), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Cybin Max Pain By Expiry
Max pain for CYBN shows a downward trend from 5 to 2.5, indicating bearish sentiment or hedging activity. The 57% spread signals divergent expectations across timeframes. Most levels below 7.08 may cap rallies. Strong magnetic level at 5 (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 |
---|---|---|
Sep 19, 2025 | 5 | -2.08 (-29.33%) |
Oct 17, 2025 | 2.5 | -4.58 (-64.66%) |
Nov 21, 2025 | 5 | -2.08 (-29.33%) |
Feb 20, 2026 | 5 | -2.08 (-29.33%) |