This page reflects HD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — HD
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $340.00 (2.12 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$340.00
Nearest expiry
Expected Move
±$14.32
±4.2%
Days to Expiry
4
Calendar days
Total Call OI
28,142
Nearest expiry
Total Put OI
21,744
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$337.88
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-08-07
$340.00
8/7/2026, 11:19:57 PM
2026-08-14
$345.00
8/14/2026, 11:20:04 PM
2026-08-21NextUpdated
$340.00
8/17/2026, 11:20:03 PM
2026-08-28
$340.00
8/17/2026, 11:20:03 PM
2026-09-04
$345.00
8/17/2026, 11:20:03 PM
2026-09-11
$345.00
8/17/2026, 11:20:03 PM
2026-09-18
$340.00
8/17/2026, 11:20:03 PM
2026-09-25
$345.00
8/17/2026, 11:20:03 PM
2026-10-02
$335.00
8/17/2026, 11:20:03 PM
2026-10-16
$335.00
8/17/2026, 11:20:03 PM
2026-11-20
$340.00
8/17/2026, 11:20:03 PM
2026-12-18
$350.00
8/17/2026, 11:20:03 PM
2027-01-15
$350.00
8/17/2026, 11:20:03 PM
2027-02-19
$360.00
8/17/2026, 11:20:03 PM
2027-03-19
$310.00
8/17/2026, 11:20:03 PM
2027-06-17
$360.00
8/17/2026, 11:20:03 PM
Selected expiration: 2026-08-21 at max pain $340.00.
HD pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
200
0
245218750
245218750
210
66000
223690750
223756750
215
100000
212985750
213085750
220
134500
202339250
202473750
225
169000
191753250
191922250
230
203500
181199750
181403250
235
238500
170700250
170938750
240
273500
160222750
160496250
245
314000
149829250
150143250
250
356000
139558250
139914250
255
408000
129399250
129807250
260
467000
119286750
119753750
265
535000
109236250
109771250
270
608500
99326250
99934750
275
687500
89938750
90626250
280
798500
80707250
81505750
285
935500
71663250
72598750
290
1078500
62985250
64063750
295
1239500
54615750
55855250
300
1424500
46850250
48274750
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.