ARM Max Pain
ARM $223.86 · Updated Oct 26, 4:00 PM ET
ARM max pain for Oct 30, 2026 (4 days out) is $227.50, 1.6% above the current $223.86. 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 $250.00.
MAX PAIN BY EXPIRATION
| Expiration | DTE | Max pain | vs spot | Call OI | Put OI |
|---|---|---|---|---|---|
| Oct 30, 2026 | 4 | $227.50 | +1.6% | 23,036 | 15,950 |
| Nov 6, 2026 | 11 | $250.00 | +11.7% | 6,854 | 7,884 |
| Nov 13, 2026 | 18 | $235.00 | +5.0% | 3,688 | 4,135 |
| Nov 20, 2026 | 25 | $250.00 | +11.7% | 48,360 | 51,111 |
| Nov 27, 2026 | 32 | $250.00 | +11.7% | 751 | 1,541 |
| Dec 4, 2026 | 39 | $240.00 | +7.2% | 77 | 321 |
| Dec 18, 2026 | 53 | $195.00 | -12.9% | 83,726 | 90,869 |
| Jan 15, 2027 | 81 | $250.00 | +11.7% | 63,150 | 115,533 |
| Feb 19, 2027 | 116 | $260.00 | +16.1% | 1,674 | 7,914 |
| Mar 19, 2027 | 144 | $250.00 | +11.7% | 24,979 | 33,168 |
| Apr 16, 2027 | 172 | $280.00 | +25.1% | 4,588 | 13,124 |
How this is calculated: Max Pain methodology