MicroSectors U.S. Big Oil 3 Leveraged ETN (NRGU) 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.
MicroSectors U.S. Big Oil 3 Leveraged ETN (NRGU) operates in the Financial Services sector, specifically the Asset Management - Leveraged industry, with a market capitalization near $144.6M, listed on AMEX, carrying a beta of -1.47 to the broader market. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. public since 2025-02-20.
Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for NRGU as of 2026-06-02; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.