This page reflects ARKK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — ARKK
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $82.00 (2.85 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$82.00
Nearest expiry
Expected Move
±$2.31
±2.9%
Days to Expiry
3
Calendar days
Total Call OI
34,511
Nearest expiry
Total Put OI
56,765
Nearest expiry
P/C OI Ratio
1.64
Put-heavy
Spot Price
$79.15
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-08-07
$74.00
8/7/2026, 11:04:20 PM
2026-08-14
$78.00
8/14/2026, 11:02:48 PM
2026-08-21NextUpdated
$82.00
8/18/2026, 11:05:17 PM
2026-08-28
$80.00
8/18/2026, 11:05:17 PM
2026-09-04
$79.50
8/18/2026, 11:05:17 PM
2026-09-11
$80.00
8/18/2026, 11:05:17 PM
2026-09-18
$80.00
8/18/2026, 11:05:17 PM
2026-09-25
$76.00
8/18/2026, 11:05:17 PM
2026-10-02
$75.00
8/18/2026, 11:05:17 PM
2026-10-16
$77.00
8/18/2026, 11:05:17 PM
2026-11-20
$77.00
8/18/2026, 11:05:17 PM
2026-12-18
$80.00
8/18/2026, 11:05:17 PM
2027-01-15
$76.00
8/18/2026, 11:05:17 PM
2027-03-19
$65.00
8/18/2026, 11:05:17 PM
Selected expiration: 2026-08-21 at max pain $82.00.
ARKK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
199505550
199505550
55
0
114364050
114364050
60
0
86003050
86003050
65
4000
57806050
57810050
66
7700
52575850
52583550
66.5
9550
49974750
49984300
67
11400
47382650
47394050
68
15100
42711950
42727050
69
20700
38198950
38219650
70
27700
33722050
33749750
71
46600
29468050
29514650
71.5
56450
27480850
27537300
72
70650
25554200
25624850
72.5
86350
23772350
23858700
73
106000
21991250
22097250
73.5
136800
20416400
20553200
74
170250
18842200
19012450
74.5
215250
17397550
17612800
75
261000
15958900
16219900
75.5
338950
14601700
14940650
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.