(NUGT)
Max Pain By Strike
NUGT trades at $125.26, 10.8% above the near-term max pain of $113 expiring Sep 12, 2025 (2 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($44-$140), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for NUGT shows a downward trend from 140 to 44, indicating bearish sentiment or hedging activity. The 103% spread signals divergent expectations across timeframes. Most levels below 125.26 may cap rallies. 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 |
|---|---|---|
| Sep 12, 2025 | 113 | -12.26 (-9.79%) |
| Sep 19, 2025 | 87 | -38.26 (-30.54%) |
| Sep 26, 2025 | 96.5 | -28.76 (-22.96%) |
| Oct 3, 2025 | 100 | -25.26 (-20.17%) |
| Oct 10, 2025 | 110 | -15.26 (-12.18%) |
| Oct 17, 2025 | 140 | 14.74 (11.77%) |
| Oct 24, 2025 | 111 | -14.26 (-11.38%) |
| Dec 19, 2025 | 78 | -47.26 (-37.73%) |
| Jan 16, 2026 | 44 | -81.26 (-64.87%) |
| Mar 20, 2026 | 95 | -30.26 (-24.16%) |
| Jan 15, 2027 | 50 | -75.26 (-60.08%) |