The Arena Group Holdings, Inc. (AREN) 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.

The Arena Group Holdings, Inc. (AREN) operates in the Communication Services sector, specifically the Internet Content & Information industry, with a market capitalization near $85.7M, listed on AMEX, employing roughly 190 people, carrying a beta of 1.08 to the broader market. The Arena Group Holdings, Inc. Led by Paul Taylor Edmondson, public since 2008-01-29.

Snapshot as of May 15, 2026.

Spot Price
$1.64
Total OI
4.2K

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