Nine Energy Service Inc. (NINE)

NINE trades at $0.62, 24.0% above the near-term max pain of $0.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($0.5-$1), signaling increased put positioning or downside protection. Key magnetic zone at 1 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NINE shows a downward trend from 1 to 0.5, indicating bearish sentiment or hedging activity. The 71% spread signals divergent expectations across timeframes. Levels distributed around 0.62. Strong magnetic level at 1 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.