Noble Corporation (NE)
Noble Max Pain By Strike
NE trades at $28.59, 4.0% above the near-term max pain of $27.5 expiring Sep 19, 2025 (13 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($22.5-$27.5), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Noble Max Pain By Expiry
Max pain for NE shows an upward trend from 22.5 to 27.5, suggesting bullish positioning in longer-dated options. The 19% spread signals divergent expectations across timeframes. Most levels below 28.59 may cap rallies. Strong magnetic level at 25 (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 | 27.5 | -1.09 (-3.81%) |
| Oct 17, 2025 | 25 | -3.59 (-12.56%) |
| Dec 19, 2025 | 27.5 | -1.09 (-3.81%) |
| Jan 16, 2026 | 22.5 | -6.09 (-21.30%) |
| Mar 20, 2026 | 25 | -3.59 (-12.56%) |
| Dec 18, 2026 | 27.5 | -1.09 (-3.81%) |
| Jan 15, 2027 | 25 | -3.59 (-12.56%) |