89bio Inc. (ETNB)
89bio Max Pain By Strike
ETNB trades at $14.85, pinned near the near-term max pain of $15 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($14-$15), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 7 expirations converge.
89bio Max Pain By Expiry
Max pain for ETNB shows a downward trend from 15 to 14, indicating bearish sentiment or hedging activity. The 7% spread suggests strong consensus on fair value. Most levels above 14.85 could support dips. Strong magnetic level at 15 (7 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 |
|---|---|---|
| Oct 17, 2025 | 15 | n/a (n/a) |
| Nov 21, 2025 | 14 | n/a (n/a) |
| Dec 19, 2025 | 15 | n/a (n/a) |
| Feb 20, 2026 | 15 | n/a (n/a) |
| May 15, 2026 | 15 | n/a (n/a) |
| Oct 16, 2026 | 15 | n/a (n/a) |
| Nov 20, 2026 | 15 | n/a (n/a) |
| Dec 18, 2026 | 15 | n/a (n/a) |