Cassava Sciences Inc. (SAVA)

SAVA trades at $2.2, 10.0% above the near-term max pain of $2 expiring Aug 29, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($1.5-$7), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 7 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SAVA shows a downward trend from 7 to 1.5, indicating bearish sentiment or hedging activity. The 220% spread signals divergent expectations across timeframes. Levels distributed around 2.2. Strong magnetic level at 2 (7 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.