thetaOwl

HBAN

Huntington Bancshares IncorporaClose $17.66EOD only
Max Pain
$17.00
Next expiry Aug 21, 2026
Expected Move
±$0.47
2.7% from close
Price Gap
-0.66
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.74
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects HBAN 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 — HBAN
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $17.00 (0.66 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$17.00
Nearest expiry
Expected Move
±$0.47
±2.7%
Days to Expiry
3
Calendar days
Total Call OI
12,651
Nearest expiry
Total Put OI
2,417
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$17.66
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$17.006/18/2026, 11:15:17 PM
2026-07-17$17.007/17/2026, 11:15:25 PM
2026-08-21NextUpdated$17.008/18/2026, 11:14:44 PM
2026-09-18$18.008/18/2026, 11:14:44 PM
2026-10-16$17.008/18/2026, 11:14:44 PM
2026-11-20$16.008/18/2026, 11:14:44 PM
2026-12-18$15.008/18/2026, 11:14:44 PM
2027-01-15$17.008/18/2026, 11:14:44 PM
Selected expiration: 2026-08-21 at max pain $17.00.
HBAN pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
5025962002596200
620023545002354700
740021128002113200
860018711001871700
980016294001630200
10110013877001388800
11150011460001147500
122100904300906400
134700662600667300
147500457300464800
1520000274200294200
1640200123200163400
1710550017100122600
182709001200272100
19665600200665800
20140810001408100
21267040002670400
22393510003935100
25772950007729500
2710259100010259100
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.