Praxis Precision Medicine... (PRAX)
Praxis Precision Medicines Max Pain By Strike
PRAX trades at $44.7, 11.8% above the near-term max pain of $40 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($40-$55), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Praxis Precision Medicines Max Pain By Expiry
Max pain for PRAX shows a downward trend from 55 to 40, indicating bearish sentiment or hedging activity. The 31% spread signals divergent expectations across timeframes. Most levels above 44.7 could support dips. 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 | 40 | -4.70 (-10.51%) |
| Oct 17, 2025 | 50 | 5.30 (11.86%) |
| Nov 21, 2025 | 50 | 5.30 (11.86%) |
| Jan 16, 2026 | 45 | 0.30 (0.67%) |
| Feb 20, 2026 | 55 | 10.30 (23.04%) |