Prothena Corporation (PRTA)
Prothena Max Pain By Strike
PRTA trades at $8.2, 9.3% above the near-term max pain of $7.5 expiring Sep 19, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$7.5), reflecting growing call interest at higher strikes. Key magnetic zone at 8 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Prothena Max Pain By Expiry
Max pain for PRTA shows an upward trend from 5 to 7.5, suggesting bullish positioning in longer-dated options. The 36% spread signals divergent expectations across timeframes. Most levels below 8.2 may cap rallies. Strong magnetic level at 8 (4 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 | 7.5 | -0.70 (-8.54%) |
| Oct 17, 2025 | 7.5 | -0.70 (-8.54%) |
| Dec 19, 2025 | 7.5 | -0.70 (-8.54%) |
| Jan 16, 2026 | 7.5 | -0.70 (-8.54%) |
| Mar 20, 2026 | 5 | -3.20 (-39.02%) |