Agenus Inc. (AGEN)

AGEN trades at $3.95, 97.5% above the near-term max pain of $2 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($2-$75), reflecting growing call interest at higher strikes. Key magnetic zone at 4 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for AGEN shows an upward trend from 2 to 75, suggesting bullish positioning in longer-dated options. The 544% spread signals divergent expectations across timeframes. Levels distributed around 3.95. Strong magnetic level at 4 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.