Orion Group Inc. (ORN)
Orion Max Pain By Strike
ORN trades at $6.68, 10.9% below the near-term max pain of $7.5 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Orion Max Pain By Expiry
Max pain for ORN shows a downward trend from 7.5 to 2.5, indicating bearish sentiment or hedging activity. The 77% spread signals divergent expectations across timeframes. Most levels above 6.68 could support dips. Strong magnetic level at 8 (4 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 | 7.5 | 0.82 (12.28%) |
| Sep 19, 2025 | 7.5 | 0.82 (12.28%) |
| Oct 17, 2025 | 2.5 | -4.18 (-62.57%) |
| Dec 19, 2025 | 7.5 | 0.82 (12.28%) |
| Mar 20, 2026 | 7.5 | 0.82 (12.28%) |