Novanta Inc. (NOVT)

NOVT trades at $101.03, 15.8% below the near-term max pain of $120 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($75-$120), reflecting growing call interest at higher strikes. Key magnetic zone at 120 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NOVT shows an upward trend from 75 to 120, suggesting bullish positioning in longer-dated options. The 44% spread signals divergent expectations across timeframes. Levels distributed around 101.03. Strong magnetic level at 120 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.