Argan Inc. (AGX)

AGX trades at $266.69, 11.1% above the near-term max pain of $240 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($50-$250), signaling increased put positioning or downside protection. Key magnetic zone at 210 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for AGX shows a downward trend from 250 to 50, indicating bearish sentiment or hedging activity. The 104% spread signals divergent expectations across timeframes. Most levels below 266.69 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.