NEOS Long/Short Equity Income ETF (NLSI) Max Pain Analysis

Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.

NEOS Long/Short Equity Income ETF (NLSI) operates in the Financial Services sector, specifically the Asset Management - Income industry, with a market capitalization near $210.6M, listed on CBOE, carrying a beta of 0.53 to the broader market. NLSI implements a long short equity strategy combined with an options overlay to generate monthly income while maintaining exposure to US equities. Led by Jonathan Krane, public since 2025-12-10.

Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for NLSI as of 2026-06-01; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how max pain is reported and how to read the data →