NOV Inc. (NOV)
NOV Max Pain By Strike
NOV trades at $12.34, 5.1% below the near-term max pain of $13 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 ($4-$15), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
NOV Max Pain By Expiry
Max pain for NOV shows a downward trend from 15 to 4, indicating bearish sentiment or hedging activity. The 102% spread signals divergent expectations across timeframes. Levels distributed around 12.34. Strong magnetic level at 13 (3 expirations). 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 | 13 | 0.66 (5.39%) |
| Sep 19, 2025 | 13 | 0.66 (5.39%) |
| Oct 17, 2025 | 4 | -8.34 (-67.57%) |
| Nov 21, 2025 | 13 | 0.66 (5.39%) |
| Dec 19, 2025 | 7.5 | -4.84 (-39.20%) |
| Jan 16, 2026 | 15 | 2.66 (21.61%) |
| Feb 20, 2026 | 10 | -2.34 (-18.93%) |