NeoGames S.A. (NGMS)

NGMS trades at $29.45, 1372.5% above the near-term max pain of $2 expiring Jan 16, 2026 (154 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NGMS shows a downward trend from 95 to 2, indicating bearish sentiment or hedging activity. The 266% spread signals divergent expectations across timeframes. Levels distributed around 29.45. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.