This page reflects ARLO 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 — ARLO
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $12.00 (1.05 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$12.00
Nearest expiry
Expected Move
±$0.77
±5.9%
Days to Expiry
29
Calendar days
Total Call OI
384
Nearest expiry
Total Put OI
19
Nearest expiry
P/C OI Ratio
0.05
Put-heavy
Spot Price
$13.05
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$14.00
4/17/2026, 11:03:11 PM
2026-05-15
$10.00
5/15/2026, 11:05:25 PM
2026-06-18NextUpdated
$12.00
5/20/2026, 11:04:40 PM
2026-07-17
$13.00
5/20/2026, 11:04:40 PM
2026-10-16
$10.00
5/20/2026, 11:04:40 PM
Selected expiration: 2026-06-18 at max pain $12.00.
ARLO pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
6
0
15200
15200
7
300
13400
13700
8
700
11800
12500
9
1500
10200
11700
12
4200
5400
9600
13
7500
3800
11300
14
24800
2200
27000
15
47900
1600
49500
16
71000
1100
72100
17
96300
800
97100
18
121600
500
122100
19
148900
300
149200
20
187200
200
187400
21
225500
100
225600
22
263800
0
263800
25
379000
0
379000
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.