National Grid (NGG)
National Grid Max Pain By Strike
NGG trades at $71.58, 2.3% above the near-term max pain of $70 expiring Aug 15, 2025 (0 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 70 where 2 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 567% spread signals divergent expectations across timeframes. Levels distributed around 71.58. 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 | 70 | -1.58 (-2.21%) |
| Sep 19, 2025 | 65 | -6.58 (-9.19%) |
| Oct 17, 2025 | 35 | -36.58 (-51.10%) |
| Dec 19, 2025 | 75 | 3.42 (4.78%) |
| Jan 16, 2026 | 7 | -64.58 (-90.22%) |
| Feb 20, 2026 | 75 | 3.42 (4.78%) |
| Mar 20, 2026 | 70 | -1.58 (-2.21%) |
| Dec 18, 2026 | 990 | 918.42 (1283.07%) |