Nicolet Bankshares Inc. (NIC)
Nicolet Bankshares Max Pain By Strike
NIC trades at $133.52, 2.7% above the near-term max pain of $130 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($75-$135), signaling increased put positioning or downside protection.
Nicolet Bankshares Max Pain By Expiry
Max pain for NIC shows a downward trend from 135 to 75, indicating bearish sentiment or hedging activity. The 52% spread signals divergent expectations across timeframes. Most levels below 133.52 may cap rallies. 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 |
|---|---|---|
| Oct 17, 2025 | 130 | n/a (n/a) |
| Nov 21, 2025 | 75 | n/a (n/a) |
| Jan 16, 2026 | 135 | n/a (n/a) |
| Apr 17, 2026 | 120 | n/a (n/a) |