Archer-Daniels-Midland CompanyClose $80.45EOD only
Max Pain
$82.50
Next expiry Oct 16, 2026
Expected Move
±$3.73
4.6% from close
Price Gap
+2.05
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.52
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects ADM options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — ADM
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $82.50 (2.05 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$82.50
Nearest expiry
Expected Move
±$3.73
±4.6%
Days to Expiry
14
Calendar days
Total Call OI
10,825
Nearest expiry
Total Put OI
8,166
Nearest expiry
P/C OI Ratio
0.75
Put-heavy
Spot Price
$80.45
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$82.50
8/21/2026, 11:01:46 PM
2026-09-18
$77.50
9/18/2026, 11:01:47 PM
2026-10-16NextUpdated
$82.50
10/2/2026, 11:01:53 PM
2026-11-20
$82.50
10/2/2026, 11:01:53 PM
2026-12-18
$62.50
10/2/2026, 11:01:53 PM
2027-01-15
$62.50
10/2/2026, 11:01:53 PM
2027-03-19
$75.00
10/2/2026, 11:01:53 PM
2027-06-17
$85.00
10/2/2026, 11:01:53 PM
2027-09-17
$75.00
10/2/2026, 11:01:53 PM
Selected expiration: 2026-10-16 at max pain $82.50.
ADM pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
31645750
31645750
47.5
0
25521250
25521250
60
12500
15313750
15326250
65
17500
11244250
11261750
70
30000
7202250
7232250
72.5
38750
5221500
5260250
75
48250
3287250
3335500
77.5
95250
1838000
1933250
80
163000
549250
712250
82.5
426000
245500
671500
85
953750
67000
1020750
87.5
1960000
2000
1962000
90
3234250
0
3234250
92.5
5363750
0
5363750
95
7826750
0
7826750
100
12911750
0
12911750
105
18024250
0
18024250
110
23155250
0
23155250
115
28565250
0
28565250
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.