Automatic Data Processing, Inc.Close $277.22EOD only
Max Pain
$260.00
Next expiry Aug 21, 2026
Expected Move
±$5.75
2.1% from close
Price Gap
-17.22
Distance to max pain
IV Rank
63
High premium
P/C OI
1.54
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 19, 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
Aug 19, 2026 close
Max Pain — ADP
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $260.00 (17.22 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$260.00
Nearest expiry
Expected Move
±$5.75
±2.1%
Days to Expiry
2
Calendar days
Total Call OI
5,974
Nearest expiry
Total Put OI
12,504
Nearest expiry
P/C OI Ratio
2.09
Put-heavy
Spot Price
$277.22
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
2026-08-07
$265.00
8/7/2026, 11:01:43 PM
2026-08-14
$270.00
8/14/2026, 11:02:22 PM
2026-08-21NextUpdated
$260.00
8/19/2026, 11:01:46 PM
2026-08-28
$260.00
8/19/2026, 11:01:46 PM
2026-09-04
$265.00
8/19/2026, 11:01:46 PM
2026-09-11
$265.00
8/19/2026, 11:01:46 PM
2026-09-18
$260.00
8/19/2026, 11:01:46 PM
2026-09-25
$250.00
8/19/2026, 11:01:46 PM
2026-10-02
$265.00
8/19/2026, 11:01:46 PM
2026-11-20
$260.00
8/19/2026, 11:01:46 PM
2026-12-18
$230.00
8/19/2026, 11:01:46 PM
2027-01-15
$250.00
8/19/2026, 11:01:46 PM
2027-02-19
$270.00
8/19/2026, 11:01:46 PM
2027-03-19
$260.00
8/19/2026, 11:01:46 PM
2027-06-17
$260.00
8/19/2026, 11:01:46 PM
Selected expiration: 2026-08-21 at max pain $260.00.
ADP pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
120
0
113855250
113855250
125
0
107767250
107767250
130
0
101854750
101854750
135
0
96069750
96069750
140
0
90410250
90410250
145
0
84867250
84867250
150
0
79389250
79389250
155
500
74108750
74109250
160
1000
69007250
69008250
165
2000
64020750
64022750
170
4000
59125250
59129250
175
57000
54471250
54528250
180
110000
49890250
50000250
185
214500
45531250
45745750
190
319500
41232250
41551750
195
428500
37023750
37452250
200
539500
33006750
33546250
205
683000
29214250
29897250
210
826500
25423250
26249750
215
996000
22010250
23006250
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.