Arq Inc. (ARQ)

ARQ trades at $7, 6.7% below the near-term max pain of $7.5 expiring Oct 17, 2025 (12 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ARQ shows a downward trend from 97.5 to 2.5, indicating bearish sentiment or hedging activity. The 458% spread signals divergent expectations across timeframes. Levels distributed around 7. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.