Organon & Co. (OGN)
Organon & Max Pain By Strike
OGN trades at $9.05, 9.5% below the near-term max pain of $10 expiring Sep 19, 2025 (24 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($7.5-$12.5), reflecting growing call interest at higher strikes. Key magnetic zone at 10 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Organon & Max Pain By Expiry
Max pain for OGN shows an upward trend from 7.5 to 12.5, suggesting bullish positioning in longer-dated options. The 47% spread signals divergent expectations across timeframes. Most levels above 9.05 could support dips. Strong magnetic level at 10 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 10 | 0.95 (10.50%) |
| Oct 17, 2025 | 10 | 0.95 (10.50%) |
| Jan 16, 2026 | 12.5 | 3.45 (38.12%) |
| Mar 20, 2026 | 10 | 0.95 (10.50%) |
| Apr 17, 2026 | 7.5 | -1.55 (-17.13%) |
| Jun 18, 2026 | 12.5 | 3.45 (38.12%) |
| Sep 18, 2026 | 12.5 | 3.45 (38.12%) |
| Dec 18, 2026 | 10 | 0.95 (10.50%) |