Array Technologies Inc. (ARRY)
Array Max Pain By Strike
ARRY trades at $6.64, 10.7% above the near-term max pain of $6 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($1-$600), signaling increased put positioning or downside protection. Key magnetic zone at 6 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Array Max Pain By Expiry
Max pain for ARRY shows a downward trend from 600 to 1, indicating bearish sentiment or hedging activity. The 665% spread signals divergent expectations across timeframes. Most levels below 6.64 may cap rallies. Strong magnetic level at 6 (3 expirations). 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 |
|---|---|---|
| Aug 15, 2025 | 6 | -0.64 (-9.59%) |
| Sep 19, 2025 | 6 | -0.64 (-9.59%) |
| Oct 17, 2025 | 7 | 0.36 (5.48%) |
| Dec 19, 2025 | 600 | 593.36 (8941.05%) |
| Jan 16, 2026 | 6 | -0.64 (-9.59%) |
| Apr 17, 2026 | 1 | -5.64 (-84.93%) |
| Jan 15, 2027 | 5 | -1.64 (-24.66%) |