Organon & Co. (OGN)
Organon & Max Pain By Strike
OGN trades at $10.22, 2.2% above the near-term max pain of $10 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($2.5-$12.5), indicating stable market expectations. Key magnetic zone at 10 where 6 expirations converge.
Organon & Max Pain By Expiry
Max pain for OGN shows stable levels around 8.86, reflecting balanced market expectations. The 113% spread signals divergent expectations across timeframes. Most levels below 10.22 may cap rallies. Strong magnetic level at 10 (6 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 |
|---|---|---|
| Oct 17, 2025 | 10 | n/a (n/a) |
| Nov 21, 2025 | 10 | n/a (n/a) |
| Jan 16, 2026 | 10 | n/a (n/a) |
| Mar 20, 2026 | 10 | n/a (n/a) |
| Apr 17, 2026 | 7.5 | n/a (n/a) |
| Jun 18, 2026 | 12.5 | n/a (n/a) |
| Sep 18, 2026 | 10 | n/a (n/a) |
| Dec 18, 2026 | 10 | n/a (n/a) |
| Jan 15, 2027 | 7.5 | n/a (n/a) |
| Dec 17, 2027 | 2.5 | n/a (n/a) |
| Jan 21, 2028 | 7.5 | n/a (n/a) |