NI Max Pain
NI Max Pain by Expiry
The Max Pain for all expiration dates of NI.
| Expiration | Max Pain | Max Pain vs Current Price |
|---|---|---|
NI Max Pain FAQ
What is max pain?
Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.
What is NI max pain this week?
As of the Nov 4, 2026 close, max pain for NiSource options about one week from expiration was $45.31. The chart above shows the exact max pain for each expiration date.
Does NI trade above or below its max pain?
NiSource closed above its near-term max pain on 16 of the last 20 trading days. On Nov 4, 2026 it closed at $45.30, close to max pain of $45.31.
How has NI max pain changed recently?
Over the last 20 trading days, near-term max pain for NiSource ranged from $40.00 to $45.48. It went from $40.00 on Oct 8, 2026 to $45.31 on Nov 4, 2026. See the NI max pain history for a longer view.
What is NiSource Inc?
NiSource is one of the nation's largest natural gas distribution companies with 2.4 million customers in Kentucky, Maryland, Ohio, Pennsylvania, and Virginia.