ADTRAN Inc. (ADTN)
ADTRAN Max Pain By Strike
ADTN trades at $8.7, 3.3% below the near-term max pain of $9 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($1-$45), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
ADTRAN Max Pain By Expiry
Max pain for ADTN shows a downward trend from 45 to 1, indicating bearish sentiment or hedging activity. The 310% spread signals divergent expectations across timeframes. Levels distributed around 8.7. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 9 | 0.30 (3.45%) |
| Oct 17, 2025 | 1 | -7.70 (-88.51%) |
| Nov 21, 2025 | 8 | -0.70 (-8.05%) |
| Jan 16, 2026 | 45 | 36.30 (417.24%) |
| Feb 20, 2026 | 8 | -0.70 (-8.05%) |