This page reflects ARMK 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 — ARMK
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $47.00 (4.53 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$47.00
Nearest expiry
Expected Move
±$3.38
±6.5%
Days to Expiry
29
Calendar days
Total Call OI
11,263
Nearest expiry
Total Put OI
128
Nearest expiry
P/C OI Ratio
0.01
Put-heavy
Spot Price
$51.53
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
$40.00
4/17/2026, 11:03:13 PM
2026-05-15
$44.00
5/15/2026, 11:05:41 PM
2026-06-18NextUpdated
$47.00
5/20/2026, 11:03:01 PM
2026-07-17
$45.00
5/20/2026, 11:03:01 PM
2026-10-16
$40.00
5/20/2026, 11:03:01 PM
2026-12-18
$45.00
5/20/2026, 11:03:01 PM
Selected expiration: 2026-06-18 at max pain $47.00.
ARMK pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
173900
173900
37
0
148500
148500
40
0
110700
110700
42
0
85700
85700
43
1000
73300
74300
44
2000
61400
63400
45
4000
50300
54300
46
7700
40200
47900
47
11400
30200
41600
48
28700
22300
51000
49
47200
14400
61600
50
66600
6500
73100
55
181600
0
181600
60
2109600
0
2109600
65
7740600
0
7740600
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.