(NETL)
Max Pain By Strike
NETL trades at $24.96, 4.0% above the near-term max pain of $24 expiring Sep 19, 2025 (10 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($19-$25000), signaling increased put positioning or downside protection. Key magnetic zone at 19 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for NETL shows a downward trend from 25000 to 19, indicating bearish sentiment or hedging activity. The 498% spread signals divergent expectations across timeframes. Most levels below 24.96 may cap rallies. 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 | 24 | -0.96 (-3.85%) |
| Oct 17, 2025 | 23 | -1.96 (-7.85%) |
| Jan 16, 2026 | 19 | -5.96 (-23.88%) |
| Apr 17, 2026 | 19 | -5.96 (-23.88%) |
| Dec 18, 2026 | 25000 | 24975.04 (100060.26%) |