BeOne Medicines Ltd. (ONC)
BeOne Medicines Max Pain By Strike
ONC trades at $321.57, 3.7% above the near-term max pain of $310 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($260-$360), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
BeOne Medicines Max Pain By Expiry
Max pain for ONC shows a downward trend from 360 to 260, indicating bearish sentiment or hedging activity. The 33% spread signals divergent expectations across timeframes. Most levels below 321.57 may cap rallies. 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 | 310 | -11.57 (-3.60%) |
| Oct 17, 2025 | 260 | -61.57 (-19.15%) |
| Nov 21, 2025 | 270 | -51.57 (-16.04%) |
| Feb 20, 2026 | 360 | 38.43 (11.95%) |