What is ARM max pain this week?

ARM max pain for the nearest expiration (2026-10-09) is $285.00. Total call open interest: 14,999. Total put open interest: 7,647.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options ARMMax Pain

ARM

Arm Holdings plcClose $307.49EOD only

Max Pain

$285.00

Next expiry Oct 9, 2026

Expected Move

±$21.18

6.9% from close

Price Gap

-22.49

Distance to max pain

IV Rank

Low premium

P/C OI

1.07

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: Oct 2, 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

Oct 2, 2026 close

Max Pain — ARM

Data as of market close Oct 2, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-10-09 shows max pain at $285.00 (22.49 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$285.00

Nearest expiry

Expected Move

±$21.18

±6.9%

Days to Expiry

Calendar days

Total Call OI

14,999

Nearest expiry

Total Put OI

7,647

Nearest expiry

P/C OI Ratio

0.51

Put-heavy

Spot Price

$307.49

Published close

Consensus

Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration

Selected: 2026-10-09

Expiration	Max Pain Strike	Last Updated
2026-09-25	$300.00	9/25/2026, 11:05:02 PM
2026-10-02Updated	$290.00	10/2/2026, 11:04:52 PM
2026-10-09Next	$285.00	10/2/2026, 11:04:52 PM
2026-10-16	$285.00	10/2/2026, 11:04:52 PM
2026-10-23	$290.00	10/2/2026, 11:04:52 PM
2026-10-30	$295.00	10/2/2026, 11:04:52 PM
2026-11-06	$295.00	10/2/2026, 11:04:52 PM
2026-11-20	$270.00	10/2/2026, 11:04:52 PM
2026-12-18	$195.00	10/2/2026, 11:04:52 PM
2027-01-15	$230.00	10/2/2026, 11:04:52 PM
2027-03-19	$240.00	10/2/2026, 11:04:52 PM
2027-04-16	$300.00	10/2/2026, 11:04:52 PM
2027-06-17	$140.00	10/2/2026, 11:04:52 PM
2027-09-17	$310.00	10/2/2026, 11:04:52 PM

Selected expiration: 2026-10-09 at max pain $285.00.

ARM pain by strike for 2026-10-09 expiration
Strike	Call Pain	Put Pain	Total Pain
140	0	85372250	85372250
145	0	81555250	81555250
150	0	77739750	77739750
155	0	73925250	73925250
160	4500	70196250	70200750
165	9500	66474750	66484250
170	14500	62817250	62831750
175	21000	59185250	59206250
180	27500	55607750	55635250
185	34500	52068250	52102750
190	45500	48555750	48601250
195	56500	45079250	45135750
200	68000	41658750	41726750
205	80500	38297750	38378250
210	98000	35001250	35099250
215	116500	31899750	32016250
220	135000	29033250	29168250
225	153500	26271750	26425250
230	175500	23550750	23726250
235	198500	20913250	21111750

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.