Enovix Corporation (ENVX)
Enovix Max Pain By Strike
ENVX trades at $10.17, 7.5% below the near-term max pain of $11 expiring Aug 22, 2025 (3 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($7-$14), signaling increased put positioning or downside protection. Key magnetic zone at 11 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Enovix Max Pain By Expiry
Max pain for ENVX shows a downward trend from 14 to 7, indicating bearish sentiment or hedging activity. The 63% spread signals divergent expectations across timeframes. Most levels above 10.17 could support dips. Strong magnetic level at 11 (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 |
|---|---|---|
| Aug 22, 2025 | 11 | 0.83 (8.16%) |
| Aug 29, 2025 | 10.5 | 0.33 (3.24%) |
| Sep 5, 2025 | 11 | 0.83 (8.16%) |
| Sep 12, 2025 | 13 | 2.83 (27.83%) |
| Sep 19, 2025 | 12 | 1.83 (17.99%) |
| Sep 26, 2025 | 12 | 1.83 (17.99%) |
| Oct 17, 2025 | 12 | 1.83 (17.99%) |
| Nov 21, 2025 | 12 | 1.83 (17.99%) |
| Dec 19, 2025 | 14 | 3.83 (37.66%) |
| Jan 16, 2026 | 11 | 0.83 (8.16%) |
| Feb 20, 2026 | 10 | -0.17 (-1.67%) |
| Apr 17, 2026 | 7 | -3.17 (-31.17%) |
| Jan 15, 2027 | 10 | -0.17 (-1.67%) |