This page reflects ADT 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 — ADT
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $7.00 (0.02 above 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
±$0.45
±6.5%
Days to Expiry
29
Calendar days
Total Call OI
607
Nearest expiry
Total Put OI
236
Nearest expiry
P/C OI Ratio
0.39
Put-heavy
Spot Price
$6.98
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$6.00
4/17/2026, 11:01:44 PM
2026-05-15
$8.00
5/15/2026, 11:02:17 PM
2026-06-18NextUpdated
$7.00
5/20/2026, 11:01:55 PM
2026-07-17
$7.00
5/20/2026, 11:01:55 PM
2026-08-21
$8.00
5/20/2026, 11:01:55 PM
2026-11-20
$7.00
5/20/2026, 11:01:55 PM
2026-12-18
$7.00
5/20/2026, 11:01:55 PM
2027-01-15
$3.00
5/20/2026, 11:01:55 PM
Selected expiration: 2026-06-18 at max pain $7.00.
ADT pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
144500
144500
2
200
120900
121100
3
600
97600
98200
4
1000
74400
75400
5
1700
51200
52900
6
2500
28100
30600
7
5100
5300
10400
8
51500
2000
53500
9
111300
1300
112600
11
232500
300
232800
12
293100
0
293100
13
353800
0
353800
14
414500
0
414500
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.