(NFRA)
Max Pain By Strike
NFRA trades at $63.02, 3.3% above the near-term max pain of $61 expiring Sep 19, 2025 (33 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($52-$95), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for NFRA shows a downward trend from 95 to 52, indicating bearish sentiment or hedging activity. The 68% spread signals divergent expectations across timeframes. Most levels below 63.02 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 |
|---|---|---|
| Sep 19, 2025 | 61 | -2.02 (-3.21%) |
| Oct 17, 2025 | 52 | -11.02 (-17.49%) |
| Nov 21, 2025 | 55 | -8.02 (-12.73%) |
| Jan 16, 2026 | 95 | 31.98 (50.73%) |
| Feb 20, 2026 | 55 | -8.02 (-12.73%) |