ARM 1-month 20% OTM put pricing details
ARM holdings approx 1 month put, 20% OTM - price? give details
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ARM trades under ticker ARM on Nasdaq. Let me check the current price and then pull the option chain — looking for a put ~1 month out and ~20% out of the money.Let me grab a price for reference to compute the 20% OTM strike.Good. The last close for ARM was $244.74 (July 28, 2026). A ~20% OTM put would be around $196 (244.74 × 0.80 ≈ 195.80). The closest expiry ~1 month out from today (July 29) is the August 28, 2026 expiration (30 days).
Let me pull up that specific contract from the chain already returned. Here are the details:
ARM — ~1 Month Put, ~20% OTM
| Detail | Value |
|---|---|
| Ticker | ARM (Arm Holdings plc) |
| Last Close (Jul 28) | $244.74 |
| 20% OTM Strike | ~$195–$200 |
| Expiry | August 28, 2026 (30 DTE) |
Closest Contract: ARM Aug 28 2026 $195 Put
| Metric | Value |
|---|---|
| Strike | $195.00 |
| Premium (Last/Mid) | $8.20 |
| Bid | $6.60 (size 81) |
| Ask | $8.90 (size 28) |
| Bid/Ask Spread | $2.30 |
| Implied Volatility | ~100% |
| Open Interest | 49 |
| Volume | 2 |
| Delta | −0.17 |
| Gamma | 0.0036 |
| Theta | −0.2913 |
| Vega | 0.1837 |
Cost per contract: ~$820 at ask, ~$660 at bid (wide spread — low liquidity).
Breakeven at expiry: ~$186.80 (strike − premium).
OTM distance: ~20.3% below last close.
The Aug 28 chain is quite illiquid at this strike — only 2 contracts traded and 49 OI. The $200 put (18.3% OTM) is more liquid with a tighter spread (bid $7.95/ask $10.30, OI 189) and may be a more practical alternative if you want executable size.
1 day ago