Novo Nordisk A/S (NVO) currently has an IV rank of 15.5%, which measures where current implied volatility sits relative to its 52-week range.

What is NVO max pain?

NVO max pain for the nearest expiration is $47.00. Max pain is the strike price where option holders collectively lose the most money at expiration.

What is NVO expected move?

NVO expected move for the nearest expiration is ±4.3%, derived from options pricing.

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NVO

Novo Nordisk A/SClose $50.43EOD only

Max Pain

$47.00

Next expiry Jul 10, 2026

Expected Move

±$2.15

4.3% from close

Price Gap

-3.43

Distance to max pain

IV Rank

Low premium

P/C OI

0.70

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Jul 2, 2026 close

End-of-day snapshot

This page reflects NVO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jul 2, 2026 close

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Open Available Reports (4/4)

GEX PositiveDEX LongMax Pain Below

Exp. Move WideNet Call PremiumIV Low

Gamma Exposure (GEX)

Delta Exposure (DEX)

Expected Move by Expiration

Expiration	DTE	Expected Move	Move %	Lower	Upper
2026-07-02	0	±$0.48	±1.0%	$49.95	$50.92
2026-07-10	8	±$2.15	±4.3%	$48.29	$52.58
2026-07-17	15	±$3.09	±6.1%	$47.34	$53.52
2026-07-24	22	±$3.67	±7.3%	$46.77	$54.10
2026-07-31	29	±$4.52	±8.9%	$45.92	$54.95
2026-08-07	36	±$5.91	±11.7%	$44.52	$56.34

Signals

GEX PositiveDEX LongMax Pain Below

Exp. Move WideNet Call PremiumIV Low

Quick Stats

Total GEX$54.0M

Total DEX$38.2M

Net Premium$10.0M

Max Pain (nearest)$47.00

Key Levels

52-Week Low$35.14

100 DMA$42.24

50 DMA$44.38

200 DMA$47.89

52-Week High$71.00

Upcoming Events

Earnings2026-08-05

Consensus

Earnings expected around May 6th, 36 days out. IV is elevated (53%) with a clear term structure kink at the May 8th expiration, indicating earnings pricing. The expected move is ±9.8% ($33.14-$40.36) for the May 1st cycle. Historical data shows a strong beat rate but limited move history. The high IV and bearish flow regime favor premium-selling strategies, but the trending gamma and elevated VIX environment add risk. Limited coverage: 4/4 persona reports available.

Limited coverage (4/4 personas).

Open Consensus→

Strongest Signal: GEX Positive
Total GEX: $0.05B
Total DEX: $38.2M
Expected Move: ±4.3%
Put/Call OI: 0.70
Near Max Pain: $47.00
Flow Tilt: Call-heavy $10.0M
Spot Price: $50.43

How to Use This Overview

This page compresses the latest market-close snapshot into one high-level decision surface.

What it summarizes

Overview pulls the main options context into one place: dealer positioning, volatility, expected move, max pain, and current report coverage.

Where traders usually go next

Use the chain when you need contract selection, dealer exposure when you want positioning context, and reports when you want a structured setup with entry and risk context.

What to remember

This is a market-close snapshot, so the hierarchy can drift intraday when spot, IV, or headline risk moves quickly.

Treat this page like a map of the close, not a live execution dashboard.

NVO

Gamma Exposure (GEX)

Delta Exposure (DEX)

Expected Move by Expiration

NVO Quick Anchors