Arrowhead Pharmaceuticals, Inc.Close $64.19EOD only
Max Pain
$70.00
Next expiry Oct 16, 2026
Expected Move
±$6.38
9.9% from close
Price Gap
+5.81
Distance to max pain
IV Rank
7
Low premium
P/C OI
0.47
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects ARWR 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 — ARWR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $70.00 (5.81 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$6.38
±9.9%
Days to Expiry
14
Calendar days
Total Call OI
7,634
Nearest expiry
Total Put OI
2,189
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$64.19
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
$85.00
8/21/2026, 11:04:34 PM
2026-09-18
$77.50
9/18/2026, 11:04:58 PM
2026-10-16NextUpdated
$70.00
10/2/2026, 11:03:22 PM
2026-11-20
$70.00
10/2/2026, 11:03:22 PM
2026-12-18
$80.00
10/2/2026, 11:03:22 PM
2027-01-15
$70.00
10/2/2026, 11:03:22 PM
2027-03-19
$60.00
10/2/2026, 11:03:22 PM
Selected expiration: 2026-10-16 at max pain $70.00.
ARWR pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
4692750
4692750
55
500
3598250
3598750
60
1000
2510250
2511250
62.5
177000
2024250
2201250
65
353500
1542000
1895500
67.5
671250
1180750
1852000
70
1093250
822500
1915750
72.5
1686000
489250
2175250
75
2304000
156000
2460000
77.5
3051750
83750
3135500
80
3822000
11500
3833500
82.5
4821500
5750
4827250
85
5834000
0
5834000
87.5
7122250
0
7122250
90
8426250
0
8426250
92.5
10009000
0
10009000
95
11645000
0
11645000
97.5
13304250
0
13304250
100
14963750
0
14963750
105
18385750
0
18385750
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.