Establishment Labs Inc. (ESTA)
Establishment Labs Max Pain By Strike
ESTA trades at $40.66, 4.3% below the near-term max pain of $42.5 expiring Sep 19, 2025 (25 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($35-$42.5), reflecting growing call interest at higher strikes. Key magnetic zone at 38 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Establishment Labs Max Pain By Expiry
Max pain for ESTA shows an upward trend from 35 to 42.5, suggesting bullish positioning in longer-dated options. The 19% spread signals divergent expectations across timeframes. Most levels below 40.66 may cap rallies. 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 | 42.5 | 1.84 (4.53%) |
| Oct 17, 2025 | 37.5 | -3.16 (-7.77%) |
| Nov 21, 2025 | 37.5 | -3.16 (-7.77%) |
| Dec 19, 2025 | 35 | -5.66 (-13.92%) |
| Feb 20, 2026 | 40 | -0.66 (-1.62%) |