Bicycle Therapeutics (BCYC)

BCYC trades at $8.37, 11.6% above the near-term max pain of $7.5 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($1-$65), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BCYC shows a downward trend from 65 to 1, indicating bearish sentiment or hedging activity. The 409% spread signals divergent expectations across timeframes. Most levels below 8.37 may cap rallies. Strong magnetic level at 8 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.