National Grid (NGG)
National Grid Max Pain By Strike
NGG trades at $73.45, 4.9% above the near-term max pain of $70 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$990), reflecting growing call interest at higher strikes. Key magnetic zone at 75 where 3 expirations converge.
National Grid Max Pain By Expiry
Max pain for NGG shows an upward trend from 7 to 990, suggesting bullish positioning in longer-dated options. The 505% spread signals divergent expectations across timeframes. Levels distributed around 73.45. Strong magnetic level at 75 (3 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 |
|---|---|---|
| Oct 17, 2025 | 70 | n/a (n/a) |
| Nov 21, 2025 | 75 | n/a (n/a) |
| Dec 19, 2025 | 75 | n/a (n/a) |
| Jan 16, 2026 | 7 | n/a (n/a) |
| Feb 20, 2026 | 75 | n/a (n/a) |
| Mar 20, 2026 | 70 | n/a (n/a) |
| Dec 18, 2026 | 990 | n/a (n/a) |