This page reflects ARVN 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 — ARVN
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $8.00 (0.39 below 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
±$0.88
±10.4%
Days to Expiry
15
Calendar days
Total Call OI
4,315
Nearest expiry
Total Put OI
312
Nearest expiry
P/C OI Ratio
0.07
Put-heavy
Spot Price
$8.39
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
$10.00
5/15/2026, 11:05:19 PM
2026-06-18
$9.00
6/18/2026, 11:04:47 PM
2026-07-17NextUpdated
$8.00
7/3/2026, 11:03:21 PM
2026-08-21
$8.00
7/3/2026, 11:03:21 PM
2026-10-16
$10.00
7/3/2026, 11:03:21 PM
2027-01-15
$7.00
7/3/2026, 11:03:21 PM
Selected expiration: 2026-07-17 at max pain $8.00.
ARVN pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
173500
173500
5
0
111100
111100
6
2000
79900
81900
7
4100
48800
52900
8
7100
29600
36700
9
173500
19600
193100
10
382700
12500
395200
11
646800
6700
653500
12
931900
4500
936400
13
1248300
2300
1250600
14
1580200
200
1580400
15
1919800
100
1919900
16
2301200
0
2301200
17
2685900
0
2685900
18
3073900
0
3073900
19
3465700
0
3465700
20
3857800
0
3857800
21
4259400
0
4259400
22
4661400
0
4661400
25
5872500
0
5872500
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.