Novanta Inc. (NOVT)
Novanta Max Pain By Strike
NOVT trades at $115.07, pinned near the near-term max pain of $115 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($75-$140), reflecting growing call interest at higher strikes. Key magnetic zone at 115 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Novanta Max Pain By Expiry
Max pain for NOVT shows an upward trend from 75 to 140, suggesting bullish positioning in longer-dated options. The 59% spread signals divergent expectations across timeframes. Levels distributed around 115.07. 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 | 115 | -0.07 (-0.06%) |
| Sep 19, 2025 | 125 | 9.93 (8.63%) |
| Oct 17, 2025 | 140 | 24.93 (21.67%) |
| Nov 21, 2025 | 120 | 4.93 (4.28%) |
| Dec 19, 2025 | 115 | -0.07 (-0.06%) |
| Jan 16, 2026 | 120 | 4.93 (4.28%) |
| Feb 20, 2026 | 125 | 9.93 (8.63%) |
| Mar 20, 2026 | 85 | -30.07 (-26.13%) |
| May 15, 2026 | 105 | -10.07 (-8.75%) |
| Aug 21, 2026 | 95 | -20.07 (-17.44%) |
| Nov 20, 2026 | 75 | -40.07 (-34.82%) |