thetaOwl

ADM

Archer-Daniels-Midland CompanyClose $76.79EOD only
Max Pain
$75.00
Next expiry Jul 17, 2026
Expected Move
±$3.57
4.7% from close
Price Gap
-1.79
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.47
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 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
Jul 2, 2026 close
Max Pain — ADM
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $75.00 (1.79 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$3.57
±4.7%
Days to Expiry
15
Calendar days
Total Call OI
6,612
Nearest expiry
Total Put OI
2,117
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$76.79
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$70.005/15/2026, 11:01:36 PM
2026-06-18$72.506/18/2026, 11:01:56 PM
2026-07-17NextUpdated$75.007/3/2026, 11:01:29 PM
2026-08-21$77.507/3/2026, 11:01:29 PM
2026-09-18$70.007/3/2026, 11:01:29 PM
2026-12-18$57.507/3/2026, 11:01:29 PM
2027-01-15$62.507/3/2026, 11:01:29 PM
2027-03-19$70.007/3/2026, 11:01:29 PM
2027-06-17$80.007/3/2026, 11:01:29 PM
Selected expiration: 2026-07-17 at max pain $75.00.
ADM pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
55047397504739750
60036867503686750
65150026407502642250
67.5375021300002133750
70600016242501630250
72.51375011852501199000
7533750764750798500
77.55400004630001003000
8012290001967501425750
82.52125000137502138750
85309225030003095250
87.5452350004523500
90608800006088000
92.5771425007714250
95934650009346500
10012626000012626000
10515926000015926000
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.