Ingevity Corporation (NGVT)

NGVT trades at $59.71, 138.8% above the near-term max pain of $25 expiring Sep 19, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$55), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NGVT shows a downward trend from 55 to 25, indicating bearish sentiment or hedging activity. The 64% spread signals divergent expectations across timeframes. Most levels below 59.71 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.