Eledon Pharmaceuticals In... (ELDN)
Eledon Pharmaceuticals Max Pain By Strike
ELDN trades at $2.63, 5.2% above the near-term max pain of $2.5 expiring Aug 15, 2025 (0 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 3 where 3 expirations converge.
Eledon Pharmaceuticals Max Pain By Expiry
Max pain for ELDN shows a downward trend from 5 to 2.5, indicating bearish sentiment or hedging activity. The 71% spread signals divergent expectations across timeframes. Levels distributed around 2.63. Strong magnetic level at 3 (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 |
|---|---|---|
| Aug 15, 2025 | 2.5 | -0.13 (-4.76%) |
| Sep 19, 2025 | 5 | 2.38 (90.48%) |
| Oct 17, 2025 | 2.5 | -0.13 (-4.76%) |
| Nov 21, 2025 | 2.5 | -0.13 (-4.76%) |
| Feb 20, 2026 | 5 | 2.38 (90.48%) |