Archer-Daniels-Midland CompanyClose $82.45EOD only
Max Pain
$80.00
Next expiry Aug 21, 2026
Expected Move
±$1.93
2.3% from close
Price Gap
-2.45
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.49
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — ADM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $80.00 (2.45 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$1.93
±2.3%
Days to Expiry
3
Calendar days
Total Call OI
11,026
Nearest expiry
Total Put OI
4,173
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$82.45
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$72.50
6/18/2026, 11:01:56 PM
2026-07-17
$75.00
7/17/2026, 11:02:55 PM
2026-08-21NextUpdated
$80.00
8/18/2026, 11:01:53 PM
2026-09-18
$72.50
8/18/2026, 11:01:53 PM
2026-10-16
$80.00
8/18/2026, 11:01:53 PM
2026-11-20
$75.00
8/18/2026, 11:01:53 PM
2026-12-18
$57.50
8/18/2026, 11:01:53 PM
2027-01-15
$62.50
8/18/2026, 11:01:53 PM
2027-03-19
$72.50
8/18/2026, 11:01:53 PM
2027-06-17
$77.50
8/18/2026, 11:01:53 PM
Selected expiration: 2026-08-21 at max pain $80.00.
ADM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
15028750
15028750
42.5
250
13987750
13988000
45
500
12948000
12948500
47.5
750
11909000
11909750
50
3500
10870750
10874250
55
10000
8800750
8810750
60
16500
6742250
6758750
65
42500
4704750
4747250
67.5
58250
3706500
3764750
70
79500
2843750
2923250
72.5
102750
2123250
2226000
75
139750
1452000
1591750
77.5
227250
871000
1098250
80
427250
371250
798500
82.5
1158750
122250
1281000
85
2246250
44250
2290500
87.5
3797250
19250
3816500
90
5589750
13250
5603000
92.5
7754750
9750
7764500
95
10268000
7000
10275000
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.