thetaOwl

HBAN

Huntington Bancshares IncorporaClose $15.82EOD only
Max Pain
$16.00
Next expiry Jun 18, 2026
Expected Move
±$1.05
6.6% from close
Price Gap
+0.18
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.91
Balanced positioning
Consensus
No reports available
Published snapshot: May 20, 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
May 20, 2026 close
Max Pain — HBAN
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $16.00 (0.18 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$1.05
±6.6%
Days to Expiry
29
Calendar days
Total Call OI
12,071
Nearest expiry
Total Put OI
10,778
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$15.82
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$16.004/17/2026, 11:15:55 PM
2026-05-15$16.005/15/2026, 11:19:18 PM
2026-06-18NextUpdated$16.005/20/2026, 11:16:31 PM
2026-07-17$17.005/20/2026, 11:16:31 PM
2026-08-21$14.005/20/2026, 11:16:31 PM
2026-10-16$16.005/20/2026, 11:16:31 PM
2026-11-20$14.005/20/2026, 11:16:31 PM
2026-12-18$16.005/20/2026, 11:16:31 PM
2027-01-15$15.005/20/2026, 11:16:31 PM
Selected expiration: 2026-06-18 at max pain $16.00.
HBAN pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
301337100013371000
501121540011215400
8079820007982000
10120058472005848400
131350027176002731100
142790017330001760900
1544600765500810100
16151500179200330700
173583004800363100
188013003000804300
19128330018001285100
2017731008001773900
2240259004004026300
24643450006434500
25763880007638800
2710053000010053000
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.