Praxis Precision Medicine... (PRAX)

PRAX trades at $54.38, 8.8% above the near-term max pain of $50 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($40-$60), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PRAX shows a downward trend from 60 to 40, indicating bearish sentiment or hedging activity. The 40% spread signals divergent expectations across timeframes. Most levels below 54.38 may cap rallies. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.