This page reflects ARKK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — ARKK
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $76.00 (0.16 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$76.00
Nearest expiry
Expected Move
±$2.14
±2.8%
Days to Expiry
2
Calendar days
Total Call OI
26,407
Nearest expiry
Total Put OI
43,686
Nearest expiry
P/C OI Ratio
1.65
Put-heavy
Spot Price
$75.84
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$77.00
5/8/2026, 11:03:22 PM
2026-05-15
$77.50
5/15/2026, 11:04:31 PM
2026-05-22NextUpdated
$76.00
5/20/2026, 11:03:43 PM
2026-05-29
$78.00
5/20/2026, 11:03:43 PM
2026-06-05
$77.00
5/20/2026, 11:03:43 PM
2026-06-12
$77.50
5/20/2026, 11:03:43 PM
2026-06-18
$77.00
5/20/2026, 11:03:43 PM
2026-06-26
$79.50
5/20/2026, 11:03:43 PM
2026-07-17
$75.00
5/20/2026, 11:03:43 PM
2026-09-18
$79.00
5/20/2026, 11:03:43 PM
2026-10-16
$72.00
5/20/2026, 11:03:43 PM
2026-11-20
$75.00
5/20/2026, 11:03:43 PM
2026-12-18
$71.00
5/20/2026, 11:03:43 PM
2027-01-15
$73.00
5/20/2026, 11:03:43 PM
Selected expiration: 2026-05-22 at max pain $76.00.
ARKK pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
135689600
135689600
45
0
113847100
113847100
50
0
92022100
92022100
55
0
70206600
70206600
60
0
48455100
48455100
63
0
35631900
35631900
63.5
400
33496600
33497000
64
1500
31362050
31363550
64.5
5500
29235050
29240550
65
9600
27108050
27117650
65.5
15300
24986050
25001350
66
23400
22881150
22904550
66.5
31800
20783850
20815650
67
40400
18689350
18729750
67.5
49550
17083900
17133450
68
58800
15487000
15545800
68.5
68300
13987100
14055400
69
78050
12491250
12569300
69.5
97050
11004750
11101800
70
116400
9532500
9648900
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.