This page reflects ADMA 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 — ADMA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $9.00 (0.54 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.70
±7.3%
Days to Expiry
3
Calendar days
Total Call OI
15,088
Nearest expiry
Total Put OI
5,517
Nearest expiry
P/C OI Ratio
0.37
Put-heavy
Spot Price
$9.54
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
$8.00
6/18/2026, 11:01:52 PM
2026-07-17
$9.00
7/17/2026, 11:01:37 PM
2026-08-21NextUpdated
$9.00
8/18/2026, 11:01:54 PM
2026-09-18
$2.00
8/18/2026, 11:01:54 PM
2026-11-20
$9.00
8/18/2026, 11:01:54 PM
2027-01-15
$9.00
8/18/2026, 11:01:54 PM
2027-02-19
$6.00
8/18/2026, 11:01:54 PM
Selected expiration: 2026-08-21 at max pain $9.00.
ADMA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
3752500
3752500
2
4800
3200800
3205600
3
13000
2649200
2662200
4
21800
2097800
2119600
5
30800
1546600
1577400
6
41900
997300
1039200
7
58600
701900
760500
8
77500
412300
489800
9
105400
169300
274700
10
475000
32700
507700
11
956700
10400
967100
12
1726800
4700
1731500
13
2625600
100
2625700
14
3636200
0
3636200
15
4649000
0
4649000
16
5676800
0
5676800
17
6961600
0
6961600
18
8393600
0
8393600
19
9840700
0
9840700
20
11288800
0
11288800
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.