Norwegian Cruise Line Lt... (NCLH)
Norwegian Cruise Line Max Pain By Strike
NCLH trades at $25.46, pinned near the near-term max pain of $25 expiring Sep 12, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$25), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Norwegian Cruise Line Max Pain By Expiry
Max pain for NCLH shows a downward trend from 25 to 20, indicating bearish sentiment or hedging activity. The 22% spread signals divergent expectations across timeframes. Most levels below 25.46 may cap rallies. Strong magnetic level at 25 (4 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 12, 2025 | 25 | -0.46 (-1.81%) |
| Sep 19, 2025 | 20 | -5.46 (-21.45%) |
| Sep 26, 2025 | 23 | -2.46 (-9.66%) |
| Oct 3, 2025 | 25 | -0.46 (-1.81%) |
| Oct 10, 2025 | 24 | -1.46 (-5.73%) |
| Oct 17, 2025 | 25 | -0.46 (-1.81%) |
| Oct 24, 2025 | 23 | -2.46 (-9.66%) |
| Dec 19, 2025 | 21 | -4.46 (-17.52%) |
| Jan 16, 2026 | 22 | -3.46 (-13.59%) |
| Mar 20, 2026 | 23 | -2.46 (-9.66%) |
| Jun 18, 2026 | 25 | -0.46 (-1.81%) |
| Sep 18, 2026 | 22 | -3.46 (-13.59%) |
| Dec 18, 2026 | 20 | -5.46 (-21.45%) |
| Jan 15, 2027 | 22 | -3.46 (-13.59%) |