This page reflects HDSN 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 — HDSN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $5.00 (0.64 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$5.00
Nearest expiry
Expected Move
±$0.47
±8.4%
Days to Expiry
3
Calendar days
Total Call OI
874
Nearest expiry
Total Put OI
272
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$5.64
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
2026-06-18
$5.00
6/18/2026, 11:16:32 PM
2026-07-17
$5.00
7/17/2026, 11:17:24 PM
2026-08-21NextUpdated
$5.00
8/18/2026, 11:16:29 PM
2026-09-18
$5.00
8/18/2026, 11:16:29 PM
2026-11-20
$5.00
8/18/2026, 11:16:29 PM
2027-02-19
$1.00
8/18/2026, 11:16:29 PM
Selected expiration: 2026-08-21 at max pain $5.00.
HDSN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
117100
117100
2
100
89900
90000
3
200
62700
62900
4
300
35600
35900
5
1300
8600
9900
6
8000
2500
10500
7
60600
2000
62600
8
134200
1500
135700
9
210300
1000
211300
10
297300
500
297800
11
384500
0
384500
12
471800
0
471800
13
559100
0
559100
14
646400
0
646400
15
733700
0
733700
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.