Verona Pharma (VRNA)

VRNA trades at $106.69, pinned near the near-term max pain of $105 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($75-$105), reflecting growing call interest at higher strikes. Key magnetic zone at 100 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for VRNA shows an upward trend from 75 to 105, suggesting bullish positioning in longer-dated options. The 32% spread signals divergent expectations across timeframes. Most levels below 106.69 may cap rallies. Strong magnetic level at 100 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.