thetaOwl

HIG

The Hartford Insurance Group, IClose $136.69EOD only
Max Pain
$130.00
Next expiry Jun 18, 2026
Expected Move
±$6.22
4.5% from close
Price Gap
-6.69
Distance to max pain
IV Rank
3
Low premium
P/C OI
1.15
Slightly put-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects HIG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 20, 2026 close
Max Pain — HIG
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $130.00 (6.69 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$6.22
±4.5%
Days to Expiry
29
Calendar days
Total Call OI
1,700
Nearest expiry
Total Put OI
1,416
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$136.69
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$135.004/17/2026, 11:12:52 PM
2026-05-15$135.005/15/2026, 11:16:00 PM
2026-06-18NextUpdated$130.005/20/2026, 11:17:10 PM
2026-09-18$125.005/20/2026, 11:17:10 PM
2026-12-18$125.005/20/2026, 11:17:10 PM
Selected expiration: 2026-06-18 at max pain $130.00.
HIG pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
75065895006589500
8050058815005882000
85100051745005175500
90150044675004469000
95200037615003763500
100250030570003059500
105900023530002362000
1101600016490001665000
1152350011625001186000
12040500686500727000
125161500345000506500
13028750069000356500
1354255007500433000
1406385000638500
1459955000995500
150155100001551000
155223450002234500
160303050003030500
165387200003872000
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.