Arthur J. Gallagher & Co. (AJG)

AJG trades at $304, pinned near the near-term max pain of $300 expiring Oct 17, 2025 (18 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$310), reflecting growing call interest at higher strikes. Key magnetic zone at 300 where 3 expirations converge.

Max pain for AJG shows an upward trend from 7 to 310, suggesting bullish positioning in longer-dated options. The 132% spread signals divergent expectations across timeframes. Most levels below 304 may cap rallies. Strong magnetic level at 300 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.