Automatic Data Processing, Inc.Close $242.27EOD only
Max Pain
$220.00
Next expiry Jul 10, 2026
Expected Move
±$5.40
2.2% from close
Price Gap
-22.27
Distance to max pain
IV Rank
26
Middle-high premium
P/C OI
1.06
Balanced positioning
Consensus
—
No reports available
Published snapshot: Jul 2, 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
Jul 2, 2026 close
Max Pain — ADP
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $220.00 (22.27 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$220.00
Nearest expiry
Expected Move
±$5.40
±2.2%
Days to Expiry
8
Calendar days
Total Call OI
531
Nearest expiry
Total Put OI
582
Nearest expiry
P/C OI Ratio
1.10
Put-heavy
Spot Price
$242.27
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$217.50
6/26/2026, 11:01:56 PM
2026-07-02
$225.00
7/2/2026, 11:01:57 PM
2026-07-10NextUpdated
$220.00
7/3/2026, 11:01:29 PM
2026-07-17
$220.00
7/3/2026, 11:01:29 PM
2026-07-24
$230.00
7/3/2026, 11:01:29 PM
2026-07-31
$220.00
7/3/2026, 11:01:29 PM
2026-08-07
$220.00
7/3/2026, 11:01:29 PM
2026-08-21
$220.00
7/3/2026, 11:01:29 PM
2026-09-18
$220.00
7/3/2026, 11:01:29 PM
2026-11-20
$210.00
7/3/2026, 11:01:29 PM
2026-12-18
$230.00
7/3/2026, 11:01:29 PM
2027-01-15
$250.00
7/3/2026, 11:01:29 PM
2027-02-19
$165.00
7/3/2026, 11:01:29 PM
2027-03-19
$210.00
7/3/2026, 11:01:29 PM
2027-06-17
$160.00
7/3/2026, 11:01:29 PM
Selected expiration: 2026-07-10 at max pain $220.00.
ADP pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
180
0
1636000
1636000
185
1000
1345000
1346000
190
2000
1057500
1059500
195
3000
770000
773000
197.5
3500
632000
635500
200
4000
494500
498500
205
5000
270000
275000
210
6000
49000
55000
212.5
6500
35000
41500
215
7250
23750
31000
217.5
9000
17250
26250
220
11250
11000
22250
222.5
16000
8250
24250
225
22750
5500
28250
227.5
34500
3750
38250
230
48750
2000
50750
232.5
75250
1750
77000
235
103250
1500
104750
237.5
168250
1250
169500
240
244750
1000
245750
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.