Automatic Data Processing, Inc.Close $220.69EOD only
Max Pain
$215.00
Next expiry May 22, 2026
Expected Move
±$5.35
2.4% from close
Price Gap
-5.69
Distance to max pain
IV Rank
60
High premium
P/C OI
1.07
Balanced positioning
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects ADP 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 — ADP
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $215.00 (5.69 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$215.00
Nearest expiry
Expected Move
±$5.35
±2.4%
Days to Expiry
2
Calendar days
Total Call OI
2,403
Nearest expiry
Total Put OI
1,696
Nearest expiry
P/C OI Ratio
0.71
Put-heavy
Spot Price
$220.69
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
$207.50
5/8/2026, 11:01:51 PM
2026-05-15
$207.50
5/15/2026, 11:01:41 PM
2026-05-22NextUpdated
$215.00
5/20/2026, 11:01:55 PM
2026-05-29
$207.50
5/20/2026, 11:01:55 PM
2026-06-05
$205.00
5/20/2026, 11:01:55 PM
2026-06-12
$215.00
5/20/2026, 11:01:55 PM
2026-06-18
$220.00
5/20/2026, 11:01:55 PM
2026-06-26
$205.00
5/20/2026, 11:01:55 PM
2026-07-17
$220.00
5/20/2026, 11:01:55 PM
2026-08-21
$210.00
5/20/2026, 11:01:55 PM
2026-09-18
$220.00
5/20/2026, 11:01:55 PM
2026-11-20
$210.00
5/20/2026, 11:01:55 PM
2026-12-18
$230.00
5/20/2026, 11:01:55 PM
2027-01-15
$250.00
5/20/2026, 11:01:55 PM
2027-03-19
$210.00
5/20/2026, 11:01:55 PM
Selected expiration: 2026-05-22 at max pain $215.00.
ADP pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
150
0
7542000
7542000
155
0
6699500
6699500
160
0
5860500
5860500
165
0
5027500
5027500
170
0
4206000
4206000
175
0
3386500
3386500
180
0
2574500
2574500
182.5
0
2172500
2172500
185
0
1770750
1770750
187.5
0
1371250
1371250
190
0
972000
972000
195
4500
652500
657000
197.5
14500
510000
524500
200
24500
375000
399500
202.5
36500
281250
317750
205
48500
218500
267000
207.5
65750
169500
235250
210
86250
122500
208750
212.5
110750
77500
188250
215
140750
38500
179250
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.