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ARM

Arm Holdings plcClose $271.43EOD only
Max Pain
$230.00
Next expiry Aug 21, 2026
Expected Move
±$18.00
6.6% from close
Price Gap
-41.43
Distance to max pain
IV Rank
21
Low premium
P/C OI
1.17
Slightly put-heavy
Consensus
4/4
Partial coverage
Published snapshot: Aug 17, 2026 close
End-of-day snapshot

This page reflects ARM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 17, 2026 close
Max Pain — ARM
Data as of market close Aug 17, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $230.00 (41.43 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$230.00
Nearest expiry
Expected Move
±$18.00
±6.6%
Days to Expiry
4
Calendar days
Total Call OI
78,439
Nearest expiry
Total Put OI
86,572
Nearest expiry
P/C OI Ratio
1.10
Put-heavy
Spot Price
$271.43
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$252.508/7/2026, 11:04:36 PM
2026-08-14$272.508/14/2026, 11:03:55 PM
2026-08-21NextUpdated$230.008/17/2026, 11:06:29 PM
2026-08-28$270.008/17/2026, 11:06:29 PM
2026-09-04$270.008/17/2026, 11:06:29 PM
2026-09-11$275.008/17/2026, 11:06:29 PM
2026-09-18$220.008/17/2026, 11:06:29 PM
2026-09-25$280.008/17/2026, 11:06:29 PM
2026-10-02$280.008/17/2026, 11:06:29 PM
2026-10-16$280.008/17/2026, 11:06:29 PM
2026-11-20$260.008/17/2026, 11:06:29 PM
2026-12-18$165.008/17/2026, 11:06:29 PM
2027-01-15$200.008/17/2026, 11:06:29 PM
2027-03-19$200.008/17/2026, 11:06:29 PM
2027-06-17$130.008/17/2026, 11:06:29 PM
Selected expiration: 2026-08-21 at max pain $230.00.
ARM pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
55010548110001054811000
60850010136605001013669000
6517000973216500973233500
7041000933913000933954000
7584000895418500895502500
80159500857496500857656000
85235000819959500820194500
90323000783398500783721500
95433000747742500748175500
97.5503500730474750730978250
100580750713377750713958500
105748250679747250680495500
110938250647390250648328500
1151235750616264250617500000
1201663750585380250587044000
1253007250555698250558705500
1304725250526491250531216500
1358195750498093750506289500
14012357250470476750482834000
14516934750443511750460446500
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.