AltShares Merger Arbitrage ETF (ARB) Max Pain Analysis

Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.

AltShares Merger Arbitrage ETF (ARB) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $104.5M, listed on AMEX, employing roughly 207 people, carrying a beta of 0.03 to the broader market. ARB is the first ETF by AltShares Trust and the first merger arbitrage fund that hedges foreign currency exposure. Led by Gregg Felton, public since 2020-05-11.

Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for ARB as of 2026-07-17; this typically reflects low options liquidity, a recently listed name, or a temporary data feed delay. Snapshot will refresh on the next active session.

Learn how max pain is reported and how to read the data →