Apollo Commercial Real Es... (ARI)
Apollo Commercial Real Estate Finance Max Pain By Strike
ARI trades at $10.95, 9.5% above the near-term max pain of $10 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($10-$10), indicating stable market expectations. Key magnetic zone at 10 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Apollo Commercial Real Estate Finance Max Pain By Expiry
Max pain for ARI shows stable levels around 10.00, reflecting balanced market expectations. The 0% spread suggests strong consensus on fair value. Most levels below 10.95 may cap rallies. Strong magnetic level at 10 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 10 | -0.95 (-8.63%) |
| Oct 17, 2025 | 10 | -0.95 (-8.63%) |
| Nov 21, 2025 | 10 | -0.95 (-8.63%) |
| Dec 19, 2025 | 10 | -0.95 (-8.63%) |
| Feb 20, 2026 | 10 | -0.95 (-8.63%) |