Northern Oil and Gas Inc. (NOG)

NOG trades at $24.81, 8.1% below the near-term max pain of $27 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 ($17-$38), signaling increased put positioning or downside protection. Key magnetic zone at 27 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NOG shows a downward trend from 38 to 17, indicating bearish sentiment or hedging activity. The 76% spread signals divergent expectations across timeframes. Most levels above 24.81 could support dips. Strong magnetic level at 27 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.