Argan Inc. (AGX)

AGX trades at $222.19, 13.9% above the near-term max pain of $195 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($50-$210), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for AGX shows a downward trend from 210 to 50, indicating bearish sentiment or hedging activity. The 98% spread signals divergent expectations across timeframes. Most levels below 222.19 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.