Mersana Therapeutics Inc. (MRSN)

MRSN trades at $8.28, 1556.0% above the near-term max pain of $0.5 expiring Nov 21, 2025 (47 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($0.5-$0.5), signaling increased put positioning or downside protection. Key magnetic zone at 1 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MRSN shows a downward trend from 0.5 to 0.5, indicating bearish sentiment or hedging activity. The 0% spread suggests strong consensus on fair value. Most levels below 8.28 may cap rallies. Strong magnetic level at 1 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.