Enterprise Bancorp Inc. (EBTC)

EBTC trades at $39.64, 98.2% above the near-term max pain of $20 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$22.5), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for EBTC shows a downward trend from 22.5 to 20, indicating bearish sentiment or hedging activity. The 12% spread signals divergent expectations across timeframes. Most levels below 39.64 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.