New Found Gold Corp. (NFGC)

NFGC trades at $2.08, 38.7% above the near-term max pain of $1.5 expiring Sep 19, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$1.5), reflecting growing call interest at higher strikes. Key magnetic zone at 2 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NFGC shows an upward trend from 1 to 1.5, suggesting bullish positioning in longer-dated options. The 36% spread signals divergent expectations across timeframes. Most levels below 2.08 may cap rallies. Strong magnetic level at 2 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.