United States Natural Gas... (UNG)
United States Natural Gas Fund LP Max Pain By Strike
UNG trades at $11.9, 8.5% below the near-term max pain of $13 expiring Aug 27, 2025 (3 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($7-$15), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
United States Natural Gas Fund LP Max Pain By Expiry
Max pain for UNG shows a downward trend from 15 to 7, indicating bearish sentiment or hedging activity. The 64% spread signals divergent expectations across timeframes. Most levels above 11.9 could support dips. Strong magnetic level at 13 (6 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 |
|---|---|---|
| Aug 27, 2025 | 13 | 1.10 (9.20%) |
| Aug 29, 2025 | 12.5 | 0.60 (5.00%) |
| Sep 3, 2025 | 12 | 0.10 (0.80%) |
| Sep 5, 2025 | 14 | 2.10 (17.60%) |
| Sep 12, 2025 | 13.5 | 1.60 (13.40%) |
| Sep 19, 2025 | 13 | 1.10 (9.20%) |
| Sep 26, 2025 | 12.5 | 0.60 (5.00%) |
| Oct 3, 2025 | 7 | -4.90 (-41.20%) |
| Oct 17, 2025 | 13 | 1.10 (9.20%) |
| Jan 16, 2026 | 13 | 1.10 (9.20%) |
| Apr 17, 2026 | 12 | 0.10 (0.80%) |
| Jan 15, 2027 | 15 | 3.10 (26.00%) |