Navigator Ltd. (NVGS)
Navigator Max Pain By Strike
NVGS trades at $16.63, 10.9% above the near-term max pain of $15 expiring Sep 19, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$990), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Navigator Max Pain By Expiry
Max pain for NVGS shows a downward trend from 990 to 2.5, indicating bearish sentiment or hedging activity. The 567% spread signals divergent expectations across timeframes. Most levels below 16.63 may cap rallies. Strong magnetic level at 15 (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 |
|---|---|---|
| Sep 19, 2025 | 15 | -1.63 (-9.77%) |
| Oct 17, 2025 | 15 | -1.63 (-9.77%) |
| Dec 19, 2025 | 15 | -1.63 (-9.77%) |
| Jan 16, 2026 | 7.5 | -9.13 (-54.89%) |
| Mar 20, 2026 | 2.5 | -14.13 (-84.96%) |
| Dec 18, 2026 | 990 | 973.38 (5854.89%) |