National CineMedia Inc. (NCMI)
National CineMedia Max Pain By Strike
NCMI trades at $4.22, 15.6% below the near-term max pain of $5 expiring Sep 19, 2025 (30 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$7), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
National CineMedia Max Pain By Expiry
Max pain for NCMI shows a downward trend from 7 to 2.5, indicating bearish sentiment or hedging activity. The 92% spread signals divergent expectations across timeframes. Most levels above 4.22 could support dips. Strong magnetic level at 5 (3 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 |
|---|---|---|
| Sep 19, 2025 | 5 | 0.78 (18.48%) |
| Oct 17, 2025 | 2.5 | -1.72 (-40.76%) |
| Dec 19, 2025 | 5 | 0.78 (18.48%) |
| Jan 16, 2026 | 7 | 2.78 (65.88%) |
| Mar 20, 2026 | 5 | 0.78 (18.48%) |