(AOR)
Max Pain By Strike
AOR trades at $62.61, 20.4% above the near-term max pain of $52 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($51-$57), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for AOR shows a downward trend from 57 to 51, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Most levels below 62.61 may cap rallies. 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 | 52 | -10.61 (-16.95%) |
| Oct 17, 2025 | 57 | -5.61 (-8.96%) |
| Dec 19, 2025 | 51 | -11.61 (-18.54%) |
| Mar 20, 2026 | 56 | -6.61 (-10.56%) |