thetaOwl

AGX

Argan, Inc.Close $706.15EOD only
Max Pain
$690.00
Next expiry Jul 17, 2026
Expected Move
±$83.80
11.9% from close
Price Gap
-16.15
Distance to max pain
IV Rank
35
Middle-high premium
P/C OI
1.16
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

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

Published Snapshot
Jul 2, 2026 close
Max Pain — AGX
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $690.00 (16.15 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$690.00
Nearest expiry
Expected Move
±$83.80
±11.9%
Days to Expiry
15
Calendar days
Total Call OI
2,930
Nearest expiry
Total Put OI
3,204
Nearest expiry
P/C OI Ratio
1.09
Put-heavy
Spot Price
$706.15
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$660.005/15/2026, 11:01:49 PM
2026-06-18$660.006/18/2026, 11:02:22 PM
2026-07-17NextUpdated$690.007/3/2026, 11:02:00 PM
2026-08-21$760.007/3/2026, 11:02:00 PM
2026-10-16$700.007/3/2026, 11:02:00 PM
2026-12-18$460.007/3/2026, 11:02:00 PM
2027-01-15$640.007/3/2026, 11:02:00 PM
Selected expiration: 2026-07-17 at max pain $690.00.
AGX pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
1500126085500126085500
1551000124487000124488000
1602000122891000122893000
1655500121295500121301000
1709000119700000119709000
17514500118107000118121500
18021500116514000116535500
18528500114921500114950000
19036000113329000113365000
19543500111738000111781500
20051500110147000110198500
21068500106985000107053500
22087500103829000103916500
230106500100696000100802500
2401285009756300097691500
2501515009444100094592500
2601815009134300091524500
2702115008824800088459500
2802435008517400085417500
2902755008210000082375500
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.