Sage Therapeutics Inc. (SAGE)

SAGE trades at $8.68, 15.7% above the near-term max pain of $7.5 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$10), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SAGE shows a downward trend from 10 to 7.5, indicating bearish sentiment or hedging activity. The 26% spread signals divergent expectations across timeframes. Most levels above 8.68 could support dips. Strong magnetic level at 10 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.