Ingevity Corporation (NGVT)

NGVT trades at $54.98, pinned near the near-term max pain of $55 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($30-$55), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 2 expirations converge.

Max pain for NGVT shows a downward trend from 55 to 30, indicating bearish sentiment or hedging activity. The 52% spread signals divergent expectations across timeframes. Levels distributed around 54.98. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.