This page reflects ADT 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 — ADT
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $7.00 (0.22 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.30
±4.2%
Days to Expiry
3
Calendar days
Total Call OI
10,223
Nearest expiry
Total Put OI
1,244
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$7.22
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
2026-06-18
$7.00
6/18/2026, 11:01:25 PM
2026-07-17
$6.00
7/17/2026, 11:01:44 PM
2026-08-21NextUpdated
$7.00
8/18/2026, 11:01:29 PM
2026-09-18
$8.00
8/18/2026, 11:01:29 PM
2026-11-20
$7.00
8/18/2026, 11:01:29 PM
2026-12-18
$7.00
8/18/2026, 11:01:29 PM
2027-01-15
$7.00
8/18/2026, 11:01:29 PM
2027-02-19
$6.00
8/18/2026, 11:01:29 PM
Selected expiration: 2026-08-21 at max pain $7.00.
ADT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
741700
741700
2
500
617300
617800
3
2000
493700
495700
4
4100
370200
374300
5
6800
247200
254000
6
9900
135200
145100
7
64700
46700
111400
8
352300
5900
358200
9
990700
3700
994400
10
1982000
2200
1984200
11
2988000
1200
2989200
12
4009200
600
4009800
13
5030500
300
5030800
14
6051800
100
6051900
15
7073500
0
7073500
16
8095200
0
8095200
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.