ADTRAN Inc. (ADTN)
ADTRAN Max Pain By Strike
ADTN trades at $10.34, 14.9% above the near-term max pain of $9 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($8-$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 8, indicating bearish sentiment or hedging activity. The 234% spread signals divergent expectations across timeframes. Most levels below 10.34 may cap rallies. 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 | -1.34 (-12.96%) |
| Oct 17, 2025 | 9 | -1.34 (-12.96%) |
| Nov 21, 2025 | 8 | -2.34 (-22.63%) |
| Jan 16, 2026 | 45 | 34.66 (335.20%) |
| Feb 20, 2026 | 8 | -2.34 (-22.63%) |