Newmont Corporation (NEM)
Newmont Max Pain By Strike
NEM trades at $69.34, 26.1% above the near-term max pain of $55 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($47.5-$69), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Newmont Max Pain By Expiry
Max pain for NEM shows a downward trend from 69 to 47.5, indicating bearish sentiment or hedging activity. The 38% spread signals divergent expectations across timeframes. Most levels below 69.34 may cap rallies. Strong magnetic level at 55 (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 |
|---|---|---|
| Aug 15, 2025 | 55 | -14.34 (-20.68%) |
| Aug 22, 2025 | 65 | -4.34 (-6.26%) |
| Aug 29, 2025 | 60 | -9.34 (-13.47%) |
| Sep 5, 2025 | 64 | -5.34 (-7.70%) |
| Sep 12, 2025 | 65 | -4.34 (-6.26%) |
| Sep 19, 2025 | 55 | -14.34 (-20.68%) |
| Sep 26, 2025 | 69 | -0.34 (-0.49%) |
| Oct 17, 2025 | 50 | -19.34 (-27.89%) |
| Nov 21, 2025 | 50 | -19.34 (-27.89%) |
| Dec 19, 2025 | 52.5 | -16.84 (-24.29%) |
| Jan 16, 2026 | 47.5 | -21.84 (-31.50%) |
| Mar 20, 2026 | 55 | -14.34 (-20.68%) |
| Jun 18, 2026 | 50 | -19.34 (-27.89%) |
| Sep 18, 2026 | 60 | -9.34 (-13.47%) |
| Dec 18, 2026 | 55 | -14.34 (-20.68%) |
| Jan 15, 2027 | 47.5 | -21.84 (-31.50%) |