Elicio Therapeutics Inc. (ELTX)

ELTX trades at $11.74, 17.4% above the near-term max pain of $10 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$10), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ELTX shows a downward trend from 10 to 2.5, indicating bearish sentiment or hedging activity. The 109% spread signals divergent expectations across timeframes. Most levels below 11.74 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.