This page reflects HAL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — HAL
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $33.00 (1.15 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$33.00
Nearest expiry
Expected Move
±$1.15
±3.6%
Days to Expiry
7
Calendar days
Total Call OI
3,311
Nearest expiry
Total Put OI
1,813
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$31.85
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$33.00
9/25/2026, 11:14:10 PM
2026-10-02Updated
$33.00
10/2/2026, 11:13:34 PM
2026-10-09Next
$33.00
10/2/2026, 11:13:34 PM
2026-10-16
$33.00
10/2/2026, 11:13:34 PM
2026-10-23
$33.00
10/2/2026, 11:13:34 PM
2026-10-30
$33.00
10/2/2026, 11:13:34 PM
2026-11-06
$33.00
10/2/2026, 11:13:34 PM
2026-11-20
$32.00
10/2/2026, 11:13:34 PM
2026-12-18
$35.00
10/2/2026, 11:13:34 PM
2027-01-15
$33.00
10/2/2026, 11:13:34 PM
2027-03-19
$35.00
10/2/2026, 11:13:34 PM
2027-04-16
$35.00
10/2/2026, 11:13:34 PM
2027-06-17
$35.00
10/2/2026, 11:13:34 PM
2027-09-17
$40.00
10/2/2026, 11:13:34 PM
Selected expiration: 2026-10-09 at max pain $33.00.
HAL pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
23
0
1696750
1696750
24
100
1492550
1492650
25
200
1288850
1289050
26
500
1085350
1085850
28
1300
678350
679650
29
1700
478350
480050
29.5
2000
381850
383850
30
2350
291400
293750
30.5
2950
207400
210350
31
3800
130300
134100
31.5
5600
83150
88750
32
19600
51500
71100
32.5
41300
33650
74950
33
72950
19750
92700
33.5
152300
11800
164100
34
241700
5900
247600
34.5
337950
3800
341750
35
445950
1700
447650
35.5
576250
1250
577500
36
706900
800
707700
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.