Ormat Technologies Inc. (ORA)
Ormat Max Pain By Strike
ORA trades at $88.33, 3.9% above the near-term max pain of $85 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7.5-$90), reflecting growing call interest at higher strikes. Key magnetic zone at 85 where 2 expirations converge.
Ormat Max Pain By Expiry
Max pain for ORA shows an upward trend from 7.5 to 90, suggesting bullish positioning in longer-dated options. The 126% spread signals divergent expectations across timeframes. Most levels below 88.33 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 |
|---|---|---|
| Aug 15, 2025 | 85 | -3.33 (-3.78%) |
| Sep 19, 2025 | 85 | -3.33 (-3.78%) |
| Oct 17, 2025 | 45 | -43.33 (-49.06%) |
| Dec 19, 2025 | 80 | -8.33 (-9.44%) |
| Jan 16, 2026 | 7.5 | -80.83 (-91.51%) |
| Mar 20, 2026 | 90 | 1.67 (1.88%) |