Tema International Defense Innovation ETF (ARMY) 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.

Tema International Defense Innovation ETF (ARMY) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $2.4M, listed on NASDAQ, carrying a beta of 0.60 to the broader market. This exchange-traded fund (ETF) targets the aerospace and defense industry, specifically investing in companies whose primary operations involve defense-related activities and emphasize innovation. public since 2025-09-24.

Max pain analysis shows the strike price where the most options expire worthless. No recent options activity for ARMY 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.

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