Enovix Corporation (ENVX)
Enovix Max Pain By Strike
ENVX trades at $10.2, 2.9% below the near-term max pain of $10.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($3-$14), signaling increased put positioning or downside protection. Key magnetic zone at 12 where 6 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 3, indicating bearish sentiment or hedging activity. The 100% spread signals divergent expectations across timeframes. Most levels above 10.2 could support dips. Strong magnetic level at 12 (6 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 15, 2025 | 10.5 | 0.30 (2.99%) |
| Aug 22, 2025 | 12 | 1.80 (17.70%) |
| Aug 29, 2025 | 12 | 1.80 (17.70%) |
| Sep 5, 2025 | 11 | 0.80 (7.90%) |
| Sep 12, 2025 | 13 | 2.80 (27.51%) |
| Sep 19, 2025 | 12 | 1.80 (17.70%) |
| Sep 26, 2025 | 12 | 1.80 (17.70%) |
| Oct 17, 2025 | 12 | 1.80 (17.70%) |
| Nov 21, 2025 | 12 | 1.80 (17.70%) |
| Dec 19, 2025 | 14 | 3.80 (37.32%) |
| Jan 16, 2026 | 11 | 0.80 (7.90%) |
| Feb 20, 2026 | 10 | -0.20 (-1.91%) |
| Apr 17, 2026 | 3 | -7.20 (-70.57%) |
| Jan 15, 2027 | 10 | -0.20 (-1.91%) |