Terns Pharmaceuticals Inc... (TERN)
Terns Pharmaceuticals Max Pain By Strike
TERN trades at $7.07, 41.4% above the near-term max pain of $5 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$6), reflecting growing call interest at higher strikes. Key magnetic zone at 5 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Terns Pharmaceuticals Max Pain By Expiry
Max pain for TERN shows an upward trend from 1 to 6, suggesting bullish positioning in longer-dated options. The 120% spread signals divergent expectations across timeframes. Most levels below 7.07 may cap rallies. Strong magnetic level at 5 (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 | 5 | -2.07 (-29.23%) |
| Sep 19, 2025 | 6 | -1.07 (-15.07%) |
| Oct 17, 2025 | 3 | -4.07 (-57.54%) |
| Jan 16, 2026 | 5 | -2.07 (-29.23%) |
| Apr 17, 2026 | 1 | -6.07 (-85.85%) |
| Jan 15, 2027 | 5 | -2.07 (-29.23%) |