This page reflects ARMK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — ARMK
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $45.00 (11.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$2.23
±4.0%
Days to Expiry
15
Calendar days
Total Call OI
2,966
Nearest expiry
Total Put OI
298
Nearest expiry
P/C OI Ratio
0.10
Put-heavy
Spot Price
$56.29
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$44.00
5/15/2026, 11:05:41 PM
2026-06-18
$47.00
6/18/2026, 11:04:46 PM
2026-07-17NextUpdated
$45.00
7/3/2026, 11:03:24 PM
2026-08-21
$55.00
7/3/2026, 11:03:24 PM
2026-10-16
$50.00
7/3/2026, 11:03:24 PM
2026-12-18
$55.00
7/3/2026, 11:03:24 PM
2027-01-15
$50.00
7/3/2026, 11:03:24 PM
Selected expiration: 2026-07-17 at max pain $45.00.
ARMK pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
542300
542300
29
0
432700
432700
30
0
405600
405600
31
0
383500
383500
32
0
361400
361400
33
0
339400
339400
34
0
317800
317800
35
0
296400
296400
36
0
275500
275500
37
0
254600
254600
39
0
213000
213000
40
600
193200
193800
41
1200
175100
176300
42
2300
157000
159300
43
3600
140100
143700
44
5600
123300
128900
45
8800
106800
115600
46
23100
93000
116100
47
38900
79900
118800
48
89000
66800
155800
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.