Novanta Inc. (NOVT)
Novanta Max Pain By Strike
NOVT trades at $119.42, pinned near the near-term max pain of $120 expiring Sep 19, 2025 (24 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($75-$135), reflecting growing call interest at higher strikes. Key magnetic zone at 120 where 3 expirations converge.
Novanta Max Pain By Expiry
Max pain for NOVT shows an upward trend from 75 to 135, suggesting bullish positioning in longer-dated options. The 55% spread signals divergent expectations across timeframes. Levels distributed around 119.42. Strong magnetic level at 120 (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 | 120 | 0.58 (0.49%) |
| Oct 17, 2025 | 135 | 15.58 (13.05%) |
| Nov 21, 2025 | 120 | 0.58 (0.49%) |
| Dec 19, 2025 | 115 | -4.42 (-3.70%) |
| Jan 16, 2026 | 120 | 0.58 (0.49%) |
| Feb 20, 2026 | 125 | 5.58 (4.68%) |
| Mar 20, 2026 | 85 | -34.42 (-28.82%) |
| May 15, 2026 | 100 | -19.42 (-16.26%) |
| Aug 21, 2026 | 95 | -24.42 (-20.45%) |
| Nov 20, 2026 | 75 | -44.42 (-37.19%) |