This page reflects HGV 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 — HGV
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-16 shows max pain at $40.00 (5.14 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$2.50
±7.2%
Days to Expiry
14
Calendar days
Total Call OI
767
Nearest expiry
Total Put OI
97
Nearest expiry
P/C OI Ratio
0.13
Put-heavy
Spot Price
$34.86
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
$45.00
8/21/2026, 11:16:38 PM
2026-09-18
$45.00
9/18/2026, 11:16:19 PM
2026-10-16NextUpdated
$40.00
10/2/2026, 11:14:57 PM
2026-11-20
$35.00
10/2/2026, 11:14:57 PM
2026-12-18
$40.00
10/2/2026, 11:14:57 PM
2027-01-15
$55.00
10/2/2026, 11:14:57 PM
2027-04-16
$40.00
10/2/2026, 11:14:57 PM
Selected expiration: 2026-10-16 at max pain $40.00.
HGV pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
84500
84500
35
500
36000
36500
40
2000
17000
19000
45
110500
13000
123500
50
282500
9000
291500
55
520500
6000
526500
60
886500
3000
889500
65
1264500
0
1264500
70
1647500
0
1647500
75
2030500
0
2030500
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.