Hamilton Insurance Group, Ltd.Close $34.13EOD only
Max Pain
$17.50
Next expiry Oct 16, 2026
Expected Move
±$2.00
5.9% from close
Price Gap
-16.63
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.03
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 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
Oct 2, 2026 close
Max Pain — HG
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $17.50 (16.63 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.50
Nearest expiry
Expected Move
±$2.00
±5.9%
Days to Expiry
14
Calendar days
Total Call OI
999
Nearest expiry
Total Put OI
23
Nearest expiry
P/C OI Ratio
0.02
Put-heavy
Spot Price
$34.13
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$30.00
8/21/2026, 11:15:38 PM
2026-09-18
$35.00
9/18/2026, 11:15:17 PM
2026-10-16NextUpdated
$17.50
10/2/2026, 11:13:28 PM
2026-11-20
$35.00
10/2/2026, 11:13:28 PM
2027-01-15
$0.50
10/2/2026, 11:13:28 PM
2027-04-16
$30.00
10/2/2026, 11:13:28 PM
Selected expiration: 2026-10-16 at max pain $17.50.
HG pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
15.5
0
36250
36250
17.5
0
31650
31650
18
20300
30500
50800
20
101500
25900
127400
20.5
121850
24750
146600
22.5
203250
20150
223400
25
305000
14900
319900
28
427100
8600
435700
30
516900
5600
522500
33
653700
1100
654800
35
764900
300
765200
38
1055600
0
1055600
40
1251600
0
1251600
43
1551300
0
1551300
45
1751100
0
1751100
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.