Terns Pharmaceuticals Inc... (TERN)

TERN trades at $8.23, 64.6% above the near-term max pain of $5 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($5-$8), indicating stable market expectations. Key magnetic zone at 5 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TERN shows stable levels around 6.00, reflecting balanced market expectations. The 50% spread signals divergent expectations across timeframes. Most levels below 8.23 may cap rallies. Strong magnetic level at 5 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.