NOG Max Pain
NOG Max Pain by Expiry
The Max Pain for all expiration dates of NOG.
| Expiration | Max Pain | Max Pain vs Current Price |
|---|---|---|
NOG 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 NOG max pain this week?
As of the Nov 4, 2026 close, max pain for Northern Oil and Gas options about one week from expiration was $26.09. The chart above shows the exact max pain for each expiration date.
Does NOG trade above or below its max pain?
Northern Oil and Gas closed above its near-term max pain on 18 of the last 20 trading days. On Nov 4, 2026 it closed at $22.27, 14.6% below max pain of $26.09.
How has NOG max pain changed recently?
Over the last 20 trading days, near-term max pain for Northern Oil and Gas ranged from $24.00 to $26.10. It went from $24.01 on Oct 8, 2026 to $26.09 on Nov 4, 2026. See the NOG max pain history for a longer view.
What is Northern Oil and Gas Inc?
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties.