Legend Biotech Corporatio... (LEGN)
Legend Biotech Max Pain By Strike
LEGN trades at $37.47, pinned near the near-term max pain of $37.5 expiring Aug 15, 2025 (-1 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$40), reflecting growing call interest at higher strikes. Key magnetic zone at 38 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Legend Biotech Max Pain By Expiry
Max pain for LEGN shows an upward trend from 7 to 40, suggesting bullish positioning in longer-dated options. The 108% spread signals divergent expectations across timeframes. Levels distributed around 37.47. Strong magnetic level at 38 (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 | 37.5 | 0.03 (0.09%) |
| Sep 19, 2025 | 37.5 | 0.03 (0.09%) |
| Oct 17, 2025 | 20 | -17.47 (-46.62%) |
| Nov 21, 2025 | 35 | -2.47 (-6.58%) |
| Dec 19, 2025 | 40 | 2.53 (6.77%) |
| Jan 16, 2026 | 7 | -30.47 (-81.32%) |
| Feb 20, 2026 | 37.5 | 0.03 (0.09%) |