New Gold Inc. (NGD)

NGD trades at $6.82, 13.7% above the near-term max pain of $6 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$990), reflecting growing call interest at higher strikes. Key magnetic zone at 5 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NGD shows an upward trend from 1 to 990, suggesting bullish positioning in longer-dated options. The 969% spread signals divergent expectations across timeframes. Most levels below 6.82 may cap rallies. Strong magnetic level at 5 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.