Nicolet Bankshares Inc. (NIC)
Nicolet Bankshares Max Pain By Strike
NIC trades at $129.25, 98.8% above the near-term max pain of $65 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($65-$135), signaling increased put positioning or downside protection. Key magnetic zone at 75 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Nicolet Bankshares Max Pain By Expiry
Max pain for NIC shows a downward trend from 135 to 65, indicating bearish sentiment or hedging activity. The 73% spread signals divergent expectations across timeframes. Levels distributed around 129.25. 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 | 65 | -64.25 (-49.71%) |
| Sep 19, 2025 | 75 | -54.25 (-41.97%) |
| Oct 17, 2025 | 130 | 0.75 (0.58%) |
| Jan 16, 2026 | 135 | 5.75 (4.45%) |
| Apr 17, 2026 | 75 | -54.25 (-41.97%) |