NovoCure Limited (NVCR)
NovoCure Max Pain By Strike
NVCR trades at $11.73, 6.6% above the near-term max pain of $11 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($3-$15), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
NovoCure Max Pain By Expiry
Max pain for NVCR shows a downward trend from 15 to 3, indicating bearish sentiment or hedging activity. The 114% spread signals divergent expectations across timeframes. Levels distributed around 11.73. 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 | 11 | -0.73 (-6.22%) |
| Sep 19, 2025 | 13 | 1.27 (10.83%) |
| Oct 17, 2025 | 3 | -8.73 (-74.42%) |
| Dec 19, 2025 | 15 | 3.27 (27.88%) |
| Jan 16, 2026 | 15 | 3.27 (27.88%) |
| Mar 20, 2026 | 12 | 0.27 (2.30%) |
| Jan 15, 2027 | 5 | -6.73 (-57.37%) |