National CineMedia Inc. (NCMI)

NCMI trades at $4.38, 12.4% below the near-term max pain of $5 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$7), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NCMI shows a downward trend from 7 to 2.5, indicating bearish sentiment or hedging activity. The 92% spread signals divergent expectations across timeframes. Most levels above 4.38 could support dips. Strong magnetic level at 5 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.