This page reflects ARLO 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 — ARLO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $13.00 (0.38 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$13.00
Nearest expiry
Expected Move
±$1.15
±8.6%
Days to Expiry
3
Calendar days
Total Call OI
567
Nearest expiry
Total Put OI
340
Nearest expiry
P/C OI Ratio
0.60
Put-heavy
Spot Price
$13.38
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
2026-06-18
$13.00
6/18/2026, 11:03:41 PM
2026-07-17
$13.00
7/17/2026, 11:04:45 PM
2026-08-21NextUpdated
$13.00
8/18/2026, 11:04:32 PM
2026-09-18
$14.00
8/18/2026, 11:04:32 PM
2026-10-16
$7.00
8/18/2026, 11:04:32 PM
2027-01-15
$12.00
8/18/2026, 11:04:32 PM
Selected expiration: 2026-08-21 at max pain $13.00.
ARLO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
261200
261200
6
0
227700
227700
7
100
194300
194400
8
400
161000
161400
9
900
128200
129100
10
1600
95600
97200
11
2400
63000
65400
12
3300
30500
33800
13
10000
8100
18100
14
19700
4000
23700
15
38100
3000
41100
16
66600
2300
68900
17
102900
1600
104500
18
144600
900
145500
19
186400
500
186900
20
243100
200
243300
21
299800
0
299800
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.