NewMarket Corporation (NEU)
NewMarket Max Pain By Strike
NEU trades at $766.28, 9.5% above the near-term max pain of $700 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($95-$805), reflecting growing call interest at higher strikes. Key magnetic zone at 95 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
NewMarket Max Pain By Expiry
Max pain for NEU shows an upward trend from 95 to 805, suggesting bullish positioning in longer-dated options. The 134% spread signals divergent expectations across timeframes. Most levels below 766.28 may cap rallies. 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 | 700 | -66.28 (-8.65%) |
| Sep 19, 2025 | 560 | -206.28 (-26.92%) |
| Oct 17, 2025 | 655 | -111.28 (-14.52%) |
| Nov 21, 2025 | 645 | -121.28 (-15.83%) |
| Dec 19, 2025 | 690 | -76.28 (-9.95%) |
| Jan 16, 2026 | 95 | -671.28 (-87.60%) |
| Mar 20, 2026 | 805 | 38.72 (5.05%) |
| Jun 18, 2026 | 95 | -671.28 (-87.60%) |