thetaOwl

HLF

Herbalife Ltd.Close $12.56EOD only
Max Pain
$2.00
Next expiry Oct 9, 2026
Expected Move
±$0.28
2.2% from close
Price Gap
-10.56
Distance to max pain
IV Rank
22
Low premium
P/C OI
0.28
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 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
Oct 2, 2026 close
Max Pain — HLF
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $2.00 (10.56 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$2.00
Nearest expiry
Expected Move
±$0.28
±2.2%
Days to Expiry
7
Calendar days
Total Call OI
757
Nearest expiry
Total Put OI
23
Nearest expiry
P/C OI Ratio
0.03
Put-heavy
Spot Price
$12.56
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-10-09
ExpirationMax Pain StrikeLast Updated
2026-09-25$7.009/25/2026, 11:15:36 PM
2026-10-02Updated$3.0010/2/2026, 11:13:50 PM
2026-10-09Next$2.0010/2/2026, 11:13:50 PM
2026-10-16$12.5010/2/2026, 11:13:50 PM
2026-10-23$2.0010/2/2026, 11:13:50 PM
2026-10-30$2.0010/2/2026, 11:13:50 PM
2026-11-20$10.0010/2/2026, 11:13:50 PM
2026-12-18$12.5010/2/2026, 11:13:50 PM
2027-01-15$10.0010/2/2026, 11:13:50 PM
2027-02-19$12.5010/2/2026, 11:13:50 PM
Selected expiration: 2026-10-09 at max pain $2.00.
HLF pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
202380023800
3266002150048100
4679001920087100
513010016900147000
619440014600209000
725880012300271100
7.529100011150302150
832320010000333200
9.54223506550428900
104556505400461050
115227503200525950
125898502000591850
136571501400658550
13.56932001100694300
14730150800730950
14.5773200500773700
15816250250816500
1690235050902400
16.59454000945400
179884500988450
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.