What is ADBE max pain this week?

ADBE max pain for the nearest expiration (2026-05-22) is $250.00. Total call open interest: 19,142. Total put open interest: 13,880.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options ADBEMax Pain

ADBE

Adobe Inc.Close $253.37EOD only

Max Pain

$250.00

Next expiry May 22, 2026

Expected Move

±$7.72

3.0% from close

Price Gap

-3.37

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.74

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: May 20, 2026 close

End-of-day snapshot

This page reflects ADBE options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

May 20, 2026 close

Max Pain — ADBE

Data as of market close May 20, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $250.00 (3.37 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$250.00

Nearest expiry

Expected Move

±$7.72

±3.0%

Days to Expiry

Calendar days

Total Call OI

19,142

Nearest expiry

Total Put OI

13,880

Nearest expiry

P/C OI Ratio

0.73

Put-heavy

Spot Price

$253.37

Published close

Consensus

Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration

Selected: 2026-05-22

Expiration	Max Pain Strike	Last Updated
2026-05-08	$247.50	5/8/2026, 11:01:54 PM
2026-05-15	$245.00	5/15/2026, 11:02:06 PM
2026-05-22NextUpdated	$250.00	5/20/2026, 11:02:05 PM
2026-05-29	$250.00	5/20/2026, 11:02:05 PM
2026-06-05	$250.00	5/20/2026, 11:02:05 PM
2026-06-12	$255.00	5/20/2026, 11:02:05 PM
2026-06-18	$255.00	5/20/2026, 11:02:05 PM
2026-06-26	$245.00	5/20/2026, 11:02:05 PM
2026-07-17	$255.00	5/20/2026, 11:02:05 PM
2026-08-21	$260.00	5/20/2026, 11:02:05 PM
2026-09-18	$290.00	5/20/2026, 11:02:05 PM
2026-10-16	$250.00	5/20/2026, 11:02:05 PM
2026-11-20	$315.00	5/20/2026, 11:02:05 PM
2026-12-18	$260.00	5/20/2026, 11:02:05 PM
2027-01-15	$300.00	5/20/2026, 11:02:05 PM
2027-02-19	$250.00	5/20/2026, 11:02:05 PM
2027-03-19	$260.00	5/20/2026, 11:02:05 PM

Selected expiration: 2026-05-22 at max pain $250.00.

ADBE pain by strike for 2026-05-22 expiration
Strike	Call Pain	Put Pain	Total Pain
140	0	114565000	114565000
145	2500	107758500	107761000
150	5500	100952000	100957500
160	11500	87592000	87603500
165	14500	80921500	80936000
170	17500	74272000	74289500
175	21000	67796000	67817000
180	28000	61488500	61516500
185	53500	55195500	55249000
190	83500	49030000	49113500
192.5	98500	45989250	46087750
195	113500	42951500	43065000
197.5	128750	39981500	40110250
200	144000	37014250	37158250
202.5	159250	34499250	34658500
205	174500	31986750	32161250
207.5	199000	29498500	29697500
210	223500	27018250	27241750
212.5	257000	24606000	24863000
215	291750	22203000	22494750

How to Read Max Pain

Compare pin-risk and strike-pressure across expirations from the latest published close.

What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.