Nexa Resources S.A. (NEXA)
Nexa Resources S.A. Max Pain By Strike
NEXA trades at $4.88, 2.4% below the near-term max pain of $5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$5), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 4 expirations converge.
Nexa Resources S.A. Max Pain By Expiry
Max pain for NEXA shows a downward trend from 5 to 2.5, indicating bearish sentiment or hedging activity. The 56% spread signals divergent expectations across timeframes. Most levels above 4.88 could support dips. Strong magnetic level at 5 (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 | 5 | 0.12 (2.46%) |
| Sep 19, 2025 | 5 | 0.12 (2.46%) |
| Oct 17, 2025 | 2.5 | -2.38 (-48.77%) |
| Dec 19, 2025 | 5 | 0.12 (2.46%) |
| Mar 20, 2026 | 5 | 0.12 (2.46%) |