Natural Gas Services Group, IncClose $39.46EOD only
Max Pain
$40.00
Next expiry Jul 17, 2026
Expected Move
±$3.47
8.8% from close
Price Gap
+0.54
Distance to max pain
IV Rank
12
Low premium
P/C OI
0.28
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects NGS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — NGS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $40.00 (0.54 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$3.47
±8.8%
Days to Expiry
15
Calendar days
Total Call OI
289
Nearest expiry
Total Put OI
100
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$39.46
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$40.00
5/15/2026, 11:26:30 PM
2026-06-18
$40.00
6/18/2026, 11:19:23 PM
2026-07-17NextUpdated
$40.00
7/3/2026, 11:20:49 PM
2026-10-16
$35.00
7/3/2026, 11:20:49 PM
2027-01-15
$25.00
7/3/2026, 11:20:49 PM
Selected expiration: 2026-07-17 at max pain $40.00.
NGS pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
17.5
0
119000
119000
20
0
97500
97500
22.5
0
80250
80250
25
0
63750
63750
27.5
0
48500
48500
30
0
36000
36000
32.5
0
24750
24750
35
1000
13500
14500
37.5
2000
6750
8750
40
3250
2750
6000
42.5
20500
1000
21500
45
72000
0
72000
50
206500
0
206500
55
351000
0
351000
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.