null Option on Argan Inc
| AGX Stock | USD 219.59 13.93 6.77% |
Argan's latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.76 with a put-to-call open interest ratio of 0.92 over 85 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on October 17th 2025. The total put volume is at 23.0, with calls trading at the volume of 26.0. This yields a 0.88 put-to-call volume ratio.
Open Interest Against October 17th 2025 Option Contracts
Argan option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Argan's lending market. For example, when Argan's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Argan, he or she must hedge the risk by shorting Argan stock over its option's life.
2025-10-17
The chart above shows Argan's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Argan's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Argan's option, there is no secondary market available for investors to trade.
Argan Maximum Pain Price Across 2025-10-17 Option Contracts
Max pain occurs when Argan's market makers reach a net positive position across all Argan's options at a strike price where option holders stand to lose the most money. By contrast, Argan's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Argan
Analyzing Argan's in-the-money options over time can help investors to take a profitable long position in Argan regardless of its overall volatility. This is especially true when Argan's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Argan's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Argan's stock while costing only a fraction of its price.
Argan Inc In The Money Call Balance
When Argan's strike price is surpassing the current stock price, the option contract against Argan Inc stock is said to be in the money. When it comes to buying Argan's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Argan Inc are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Argan Current Options Market Mood
Argan's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Argan Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most Argan's options investors are not very successful. Argan's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Argan contract
Base on the Rule 16, the options market is currently suggesting that Argan Inc will have an average daily up or down price movement of about 0.0475% per day over the life of the 2025-10-17 option contract. With Argan trading at USD 219.59, that is roughly USD 0.1. If you think that the market is fully incorporating Argan's daily price movement you should consider buying Argan Inc options at the current volatility level of 0.76%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Argan options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Argan calls. Remember, the seller must deliver Argan Inc stock to the call owner when a call is exercised.
Argan Option Chain
When Argan's strike price is surpassing the current stock price, the option contract against Argan Inc stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Argan's option chain is a display of a range of information that helps investors for ways to trade options on Argan. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Argan. It also shows strike prices and maturity days for a Argan against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | AGX251017C00350000 | 0 | 350.0 | 0.1 - 2.35 | 1.35 | |
Call | AGX251017C00340000 | 0 | 340.0 | 0.05 - 3.2 | 0.05 | |
Call | AGX251017C00330000 | 0 | 330.0 | 0.05 - 4.1 | 0.05 | |
Call | AGX251017C00320000 | 0 | 320.0 | 0.2 - 4.6 | 0.2 | |
Call | AGX251017C00310000 | 1 | 310.0 | 0.55 - 5.2 | 6.6 | Out |
Call | AGX251017C00300000 | 0 | 300.0 | 1.9 - 5.9 | 1.9 | |
Call | AGX251017C00290000 | 2 | 290.0 | 2.0 - 6.8 | 11.55 | Out |
Call | AGX251017C00280000 | 15 | 280.0 | 4.1 - 7.8 | 7.5 | Out |
Call | AGX251017C00270000 | 56 | 270.0 | 5.1 - 9.2 | 6.3 | Out |
Call | AGX251017C00260000 | 44 | 260.0 | 6.9 - 11.1 | 9.5 | Out |
Call | AGX251017C00250000 | 20 | 250.0 | 8.9 - 13.2 | 12.65 | Out |
Call | AGX251017C00240000 | 23 | 240.0 | 11.4 - 15.8 | 15.2 | Out |
Call | AGX251017C00230000 | 21 | 230.0 | 14.2 - 18.3 | 21.15 | Out |
Call | AGX251017C00220000 | 63 | 220.0 | 19.9 - 22.2 | 22.8 | Out |
Call | AGX251017C00210000 | 13 | 210.0 | 22.5 - 26.1 | 26.5 | Out |
Call | AGX251017C00200000 | 35 | 200.0 | 27.3 - 31.5 | 31.0 | In |
Call | AGX251017C00195000 | 13 | 195.0 | 30.0 - 34.3 | 43.61 | In |
Call | AGX251017C00190000 | 30 | 190.0 | 32.9 - 36.5 | 35.0 | In |
Call | AGX251017C00185000 | 7 | 185.0 | 35.6 - 39.9 | 40.0 | In |
Call | AGX251017C00180000 | 10 | 180.0 | 38.9 - 43.1 | 55.0 | In |
Call | AGX251017C00175000 | 9 | 175.0 | 41.9 - 45.6 | 60.78 | In |
Call | AGX251017C00170000 | 4 | 170.0 | 45.4 - 49.2 | 45.5 | In |
Call | AGX251017C00165000 | 30 | 165.0 | 48.7 - 53.3 | 67.42 | In |
Call | AGX251017C00160000 | 51 | 160.0 | 53.1 - 56.5 | 59.8 | In |
Call | AGX251017C00155000 | 22 | 155.0 | 56.4 - 60.1 | 86.12 | In |
Call | AGX251017C00150000 | 41 | 150.0 | 60.3 - 65.0 | 70.24 | In |
Call | AGX251017C00145000 | 7 | 145.0 | 64.3 - 68.3 | 81.0 | In |
Call | AGX251017C00140000 | 4 | 140.0 | 68.5 - 72.4 | 85.0 | In |
Call | AGX251017C00135000 | 6 | 135.0 | 72.6 - 77.1 | 89.5 | In |
Call | AGX251017C00130000 | 13 | 130.0 | 77.3 - 80.8 | 94.1 | In |
Call | AGX251017C00125000 | 8 | 125.0 | 81.7 - 85.2 | 92.5 | In |
Call | AGX251017C00120000 | 5 | 120.0 | 86.7 - 89.7 | 91.2 | In |
Call | AGX251017C00115000 | 5 | 115.0 | 91.3 - 94.3 | 94.7 | In |
Call | AGX251017C00110000 | 10 | 110.0 | 95.0 - 99.9 | 87.07 | In |
Call | AGX251017C00100000 | 11 | 100.0 | 104.5 - 109.4 | 115.0 | In |
Call | AGX251017C00095000 | 8 | 95.0 | 109.5 - 114.4 | 109.5 | In |
Call | AGX251017C00090000 | 10 | 90.0 | 114.0 - 118.9 | 114.0 | In |
Call | AGX251017C00085000 | 2 | 85.0 | 119.0 - 123.9 | 134.0 | In |
Call | AGX251017C00080000 | 1 | 80.0 | 124.0 - 127.7 | 124.0 | In |
Call | AGX251017C00070000 | 6 | 70.0 | 134.0 - 137.6 | 148.15 | In |
Call | AGX251017C00065000 | 6 | 65.0 | 138.5 - 143.1 | 145.0 | In |
Put | AGX251017P00350000 | 0 | 350.0 | 143.2 - 146.7 | 143.2 | In |
Put | AGX251017P00340000 | 0 | 340.0 | 133.3 - 137.5 | 133.3 | In |
Put | AGX251017P00330000 | 0 | 330.0 | 122.7 - 127.5 | 122.7 | In |
Put | AGX251017P00320000 | 0 | 320.0 | 113.2 - 118.0 | 113.2 | In |
Put | AGX251017P00310000 | 0 | 310.0 | 103.3 - 107.9 | 103.3 | In |
Put | AGX251017P00300000 | 0 | 300.0 | 94.7 - 98.6 | 94.7 | In |
Put | AGX251017P00290000 | 0 | 290.0 | 85.3 - 89.5 | 85.3 | In |
Put | AGX251017P00280000 | 0 | 280.0 | 76.7 - 80.0 | 76.7 | In |
Put | AGX251017P00270000 | 2 | 270.0 | 68.0 - 71.5 | 59.8 | In |
Put | AGX251017P00260000 | 5 | 260.0 | 59.7 - 63.5 | 60.9 | In |
Put | AGX251017P00240000 | 2 | 240.0 | 44.0 - 48.3 | 41.5 | In |
Put | AGX251017P00230000 | 2 | 230.0 | 37.0 - 41.4 | 46.4 | In |
Put | AGX251017P00220000 | 7 | 220.0 | 32.0 - 35.1 | 26.85 | In |
Put | AGX251017P00210000 | 4 | 210.0 | 25.6 - 29.4 | 28.7 | In |
Put | AGX251017P00200000 | 45 | 200.0 | 20.6 - 24.2 | 19.1 | Out |
Put | AGX251017P00195000 | 1 | 195.0 | 17.6 - 21.5 | 17.4 | Out |
Put | AGX251017P00190000 | 9 | 190.0 | 15.4 - 19.4 | 20.3 | Out |
Put | AGX251017P00185000 | 16 | 185.0 | 13.5 - 17.5 | 15.35 | Out |
Put | AGX251017P00180000 | 24 | 180.0 | 11.7 - 15.7 | 13.6 | Out |
Put | AGX251017P00175000 | 10 | 175.0 | 9.9 - 13.8 | 14.25 | Out |
Put | AGX251017P00170000 | 16 | 170.0 | 8.3 - 12.5 | 11.5 | Out |
Put | AGX251017P00165000 | 9 | 165.0 | 6.8 - 10.9 | 9.4 | Out |
Put | AGX251017P00160000 | 13 | 160.0 | 5.6 - 9.9 | 6.0 | Out |
Put | AGX251017P00155000 | 1 | 155.0 | 4.4 - 8.6 | 5.83 | Out |
Put | AGX251017P00150000 | 11 | 150.0 | 3.3 - 6.6 | 6.6 | Out |
Put | AGX251017P00145000 | 12 | 145.0 | 2.5 - 6.6 | 5.29 | Out |
Put | AGX251017P00140000 | 27 | 140.0 | 1.5 - 5.6 | 4.53 | Out |
Put | AGX251017P00135000 | 7 | 135.0 | 1.0 - 5.3 | 1.0 | Out |
Put | AGX251017P00130000 | 35 | 130.0 | 0.5 - 4.0 | 3.3 | Out |
Put | AGX251017P00125000 | 12 | 125.0 | 0.65 - 4.2 | 2.25 | Out |
Put | AGX251017P00120000 | 16 | 120.0 | 0.05 - 3.7 | 1.85 | Out |
Put | AGX251017P00115000 | 25 | 115.0 | 0.05 - 2.85 | 1.8 | Out |
Put | AGX251017P00110000 | 15 | 110.0 | 0.05 - 2.4 | 0.96 | Out |
Put | AGX251017P00105000 | 4 | 105.0 | 0.05 - 2.35 | 0.9 | Out |
Put | AGX251017P00100000 | 49 | 100.0 | 0.05 - 2.35 | 0.7 | Out |
Put | AGX251017P00095000 | 7 | 95.0 | 0.05 - 2.0 | 1.05 | Out |
Put | AGX251017P00090000 | 9 | 90.0 | 0.0 - 1.85 | 1.65 | Out |
Put | AGX251017P00085000 | 139 | 85.0 | 0.0 - 1.75 | 0.65 | Out |
Put | AGX251017P00080000 | 10 | 80.0 | 0.0 - 1.5 | 0.55 | Out |
Put | AGX251017P00075000 | 3 | 75.0 | 0.0 - 0.65 | 0.85 | Out |
Put | AGX251017P00070000 | 5 | 70.0 | 0.0 - 2.2 | 0.3 | Out |
Put | AGX251017P00065000 | 2 | 65.0 | 0.0 - 1.75 | 0.91 | Out |
Put | AGX251017P00060000 | 3 | 60.0 | 0.0 - 1.75 | 0.19 | Out |
Put | AGX251017P00055000 | 9 | 55.0 | 0.0 - 1.35 | 1.35 | Out |
Argan Total Stockholder Equity
Total Stockholder Equity |
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Argan Corporate Directors
| Mano Koilpillai | Independent Director | Profile | |
| William Leimkuhler | Independent Director | Profile | |
| John Jeffrey | Independent Director | Profile | |
| Cynthia Flanders | CFO, Sr. VP, Corporate Secretary and Independent Director | Profile |
Additional Tools for Argan Stock Analysis
When running Argan's price analysis, check to measure Argan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argan is operating at the current time. Most of Argan's value examination focuses on studying past and present price action to predict the probability of Argan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argan's price. Additionally, you may evaluate how the addition of Argan to your portfolios can decrease your overall portfolio volatility.