Zai Lab Limited (ZLAB)

ZLAB trades at $33.75, 12.5% above the near-term max pain of $30 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$35), reflecting growing call interest at higher strikes. Key magnetic zone at 30 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ZLAB shows an upward trend from 8 to 35, suggesting bullish positioning in longer-dated options. The 105% spread signals divergent expectations across timeframes. Most levels below 33.75 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.