Arrowhead Pharmaceuticals, Inc.Close $83.99EOD only
Max Pain
$75.00
Next expiry Jul 17, 2026
Expected Move
±$7.90
9.4% from close
Price Gap
-8.99
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.34
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 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
Jul 2, 2026 close
Max Pain — ARWR
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $75.00 (8.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$7.90
±9.4%
Days to Expiry
15
Calendar days
Total Call OI
4,396
Nearest expiry
Total Put OI
1,705
Nearest expiry
P/C OI Ratio
0.39
Put-heavy
Spot Price
$83.99
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
$67.50
5/15/2026, 11:03:23 PM
2026-06-18
$70.00
6/18/2026, 11:03:47 PM
2026-07-17NextUpdated
$75.00
7/3/2026, 11:04:37 PM
2026-08-21
$80.00
7/3/2026, 11:04:37 PM
2026-09-18
$70.00
7/3/2026, 11:04:37 PM
2026-12-18
$70.00
7/3/2026, 11:04:37 PM
2027-01-15
$50.00
7/3/2026, 11:04:37 PM
Selected expiration: 2026-07-17 at max pain $75.00.
ARWR pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
4528500
4528500
55
3500
3676500
3680000
60
7500
2824500
2832000
65
18000
1978500
1996500
67.5
27500
1591500
1619000
70
38000
1205750
1243750
72.5
102750
878500
981250
75
293250
554000
847250
77.5
873000
350000
1223000
80
1464250
157250
1621500
82.5
2177000
84750
2261750
85
2927000
19000
2946000
87.5
3728750
13500
3742250
90
4561000
8000
4569000
95
6350000
0
6350000
100
8510000
0
8510000
105
10696500
0
10696500
110
12893000
0
12893000
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.