Biohaven Ltd. (BHVN)
Biohaven Max Pain By Strike
BHVN trades at $15.18, pinned near the near-term max pain of $15 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($2.5-$22.5), reflecting growing call interest at higher strikes. Key magnetic zone at 15 where 5 expirations converge.
Biohaven Max Pain By Expiry
Max pain for BHVN shows an upward trend from 2.5 to 22.5, suggesting bullish positioning in longer-dated options. The 136% spread signals divergent expectations across timeframes. Most levels below 15.18 may cap rallies. Strong magnetic level at 15 (5 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 |
|---|---|---|
| Sep 19, 2025 | 15 | -0.18 (-1.19%) |
| Oct 17, 2025 | 15 | -0.18 (-1.19%) |
| Nov 21, 2025 | 17.5 | 2.32 (15.28%) |
| Dec 19, 2025 | 15 | -0.18 (-1.19%) |
| Jan 16, 2026 | 15 | -0.18 (-1.19%) |
| Apr 17, 2026 | 2.5 | -12.68 (-83.53%) |
| Dec 18, 2026 | 22.5 | 7.32 (48.22%) |
| Jan 15, 2027 | 15 | -0.18 (-1.19%) |