(NFRA)
Max Pain By Strike
NFRA trades at $62.77, 2.9% above the near-term max pain of $61 expiring Sep 19, 2025 (20 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($52-$95), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for NFRA shows a downward trend from 95 to 52, indicating bearish sentiment or hedging activity. The 68% spread signals divergent expectations across timeframes. Most levels below 62.77 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 | 61 | -1.77 (-2.82%) |
| Oct 17, 2025 | 52 | -10.77 (-17.16%) |
| Nov 21, 2025 | 55 | -7.77 (-12.38%) |
| Jan 16, 2026 | 95 | 32.23 (51.34%) |
| Feb 20, 2026 | 55 | -7.77 (-12.38%) |