Hamilton Insurance Group, Ltd.Close $34.44EOD only
Max Pain
$25.00
Next expiry Jul 17, 2026
Expected Move
±$5.20
15.1% from close
Price Gap
-9.44
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.12
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects HG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — HG
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $25.00 (9.44 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$5.20
±15.1%
Days to Expiry
15
Calendar days
Total Call OI
715
Nearest expiry
Total Put OI
330
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$34.44
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$30.00
5/15/2026, 11:19:08 PM
2026-06-18
$30.00
6/18/2026, 11:16:42 PM
2026-07-17NextUpdated
$25.00
7/3/2026, 11:14:36 PM
2026-10-16
$17.50
7/3/2026, 11:14:36 PM
2027-01-15
$2.50
7/3/2026, 11:14:36 PM
Selected expiration: 2026-07-17 at max pain $25.00.
HG pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
13
0
550550
550550
15
0
484550
484550
15.5
50
468050
468100
18
4050
385550
389600
20
7450
319750
327200
20.5
8300
303350
311650
22.5
11700
237750
249450
23
12550
221400
233950
25
36750
156000
192750
28
73350
119400
192750
30
185150
98800
283950
33
365150
68200
433350
35
487950
48000
535950
38
699450
19200
718650
40
840450
0
840450
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.