ARM Max Pain
ARM $223.35 · Updated Oct 26, 4:00 PM ET
ARM max pain for Oct 30, 2026 (4 days out) is $140.00, 37.3% below the current $223.35. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $155.00.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Oct 30, 2026 | 4 | $140.00 | -37.3% | 1 | 0 |
| Nov 6, 2026 | 11 | $155.00 | -30.6% | 0 | 0 |
| Nov 13, 2026 | 18 | $155.00 | -30.6% | 0 | 0 |
| Nov 20, 2026 | 25 | $125.00 | -44.0% | 114 | 38 |
| Nov 27, 2026 | 32 | $155.00 | -30.6% | 0 | 0 |
| Dec 4, 2026 | 39 | $155.00 | -30.6% | 0 | 0 |
| Dec 18, 2026 | 53 | $105.00 | -53.0% | 158 | 107 |
| Jan 15, 2027 | 81 | $105.00 | -53.0% | 240 | 188 |
| Feb 19, 2027 | 116 | $120.00 | -46.3% | 0 | 0 |
| Mar 19, 2027 | 144 | $610.00 | +173.1% | 95 | 344 |
| Apr 16, 2027 | 172 | $150.00 | -32.8% | 14 | 3 |
How this is calculated: Max Pain methodology