Max Pain (Strike Pegger) — ARM
Data as of
Max Pain© analysis: the peg is the strike where call and put writers' aggregate liability is minimized; the target price (bias) is where call and put liability converge.
IV QuoteOption ChainPrice History10 Day SnapshotStrike PeggerVolatility SkewTrade Finder
Daily History — expiration Nov 13, 2026
Open Interest by Strike
Strike Peg is 190.00, Bias: 195.62 (expiration Nov 13, 2026) — 6.6% below the last price of 203.36; open interest 21.47K calls / 15.29K puts (put/call 0.71).
By Expiration
Max Pain© is a registered trademark. The peg is computed from open interest in the day's option snapshot.