NL Industries Inc. (NL)

NL trades at $6.44, 14.1% below the near-term max pain of $7.5 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NL shows a downward trend from 7.5 to 2.5, indicating bearish sentiment or hedging activity. The 98% spread signals divergent expectations across timeframes. Levels distributed around 6.44. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.