89bio Inc. (ETNB)
89bio Max Pain By Strike
ETNB trades at $9.22, 7.8% below the near-term max pain of $10 expiring Sep 19, 2025 (34 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$10), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
89bio Max Pain By Expiry
Max pain for ETNB shows a downward trend from 10 to 2.5, indicating bearish sentiment or hedging activity. The 94% spread signals divergent expectations across timeframes. Levels distributed around 9.22. Strong magnetic level at 10 (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 | 10 | 0.78 (8.40%) |
| Oct 17, 2025 | 2.5 | -6.72 (-72.90%) |
| Nov 21, 2025 | 10 | 0.78 (8.40%) |
| Dec 19, 2025 | 7.5 | -1.72 (-18.70%) |
| Feb 20, 2026 | 10 | 0.78 (8.40%) |