This page reflects ARVN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — ARVN
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $8.00 (0.54 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$8.00
Nearest expiry
Expected Move
±$2.22
±29.8%
Days to Expiry
11
Calendar days
Total Call OI
2,370
Nearest expiry
Total Put OI
427
Nearest expiry
P/C OI Ratio
0.18
Put-heavy
Spot Price
$7.46
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$8.00
8/21/2026, 11:03:11 PM
2026-09-18
$9.00
9/18/2026, 11:04:25 PM
2026-10-16NextUpdated
$8.00
10/5/2026, 11:04:34 PM
2026-11-20
$7.00
10/5/2026, 11:04:34 PM
2027-01-15
$7.00
10/5/2026, 11:04:34 PM
2027-04-16
$8.00
10/5/2026, 11:04:34 PM
Selected expiration: 2026-10-16 at max pain $8.00.
ARVN pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
96900
96900
7
7200
11500
18700
8
11400
1000
12400
9
96100
200
96300
10
270300
100
270400
11
472600
0
472600
12
683000
0
683000
13
904000
0
904000
14
1128300
0
1128300
15
1357300
0
1357300
16
1592700
0
1592700
17
1828100
0
1828100
18
2063900
0
2063900
19
2299700
0
2299700
20
2535500
0
2535500
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.