Natural Gas Services Grou... (NGS)
Natural Gas Services Max Pain By Strike
NGS trades at $24.65, pinned near the near-term max pain of $25 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($17.5-$990), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Natural Gas Services Max Pain By Expiry
Max pain for NGS shows a downward trend from 990 to 17.5, indicating bearish sentiment or hedging activity. The 530% spread signals divergent expectations across timeframes. Levels distributed around 24.65. 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 | 25 | 0.35 (1.42%) |
| Sep 19, 2025 | 22.5 | -2.15 (-8.72%) |
| Oct 17, 2025 | 20 | -4.65 (-18.86%) |
| Jan 16, 2026 | 25 | 0.35 (1.42%) |
| Apr 17, 2026 | 17.5 | -7.15 (-29.01%) |
| Dec 18, 2026 | 990 | 965.35 (3916.23%) |