thetaOwl

HLF

Herbalife Ltd.Close $13.11EOD only
Max Pain
$9.00
Next expiry Jul 10, 2026
Expected Move
±$0.97
7.4% from close
Price Gap
-4.11
Distance to max pain
IV Rank
41
Middle-high premium
P/C OI
0.18
Slightly call-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects HLF 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 — HLF
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-10 shows max pain at $9.00 (4.11 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.97
±7.4%
Days to Expiry
8
Calendar days
Total Call OI
233
Nearest expiry
Total Put OI
534
Nearest expiry
P/C OI Ratio
2.29
Put-heavy
Spot Price
$13.11
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-10
ExpirationMax Pain StrikeLast Updated
2026-06-26$12.006/26/2026, 11:14:52 PM
2026-07-02$12.007/2/2026, 11:13:38 PM
2026-07-10NextUpdated$9.007/3/2026, 11:13:53 PM
2026-07-17$12.007/3/2026, 11:13:53 PM
2026-07-24$13.007/3/2026, 11:13:53 PM
2026-07-31$14.007/3/2026, 11:13:53 PM
2026-08-07$4.007/3/2026, 11:13:53 PM
2026-08-21$12.507/3/2026, 11:13:53 PM
2026-11-20$10.007/3/2026, 11:13:53 PM
2026-12-18$12.507/3/2026, 11:13:53 PM
2027-01-15$10.007/3/2026, 11:13:53 PM
Selected expiration: 2026-07-10 at max pain $9.00.
HLF pain by strike for 2026-07-10 expiration
StrikeCall PainPut PainTotal Pain
20319600319600
41800212800214600
52800159400162200
68600106000114600
7192005260071800
8313003450065800
9449001650061400
10585001350072000
11721001060082700
12.592500655099050
13997505200104950
13.51081003950112050
141164503250119700
151394502050141500
16162450950163400
16.5174000700174700
17185550450186000
17.5197150300197450
18208750200208950
19232050100232150
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.