Hilton Worldwide Holdings Inc.Close $323.87EOD only
Max Pain
$315.00
Next expiry May 22, 2026
Expected Move
±$7.05
2.2% from close
Price Gap
-8.87
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.59
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot
This page reflects HLT 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 — HLT
Data as of market close May 20, 2026
Nearest listed expiration 2026-05-22 shows max pain at $315.00 (8.87 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$315.00
Nearest expiry
Expected Move
±$7.05
±2.2%
Days to Expiry
2
Calendar days
Total Call OI
1,053
Nearest expiry
Total Put OI
276
Nearest expiry
P/C OI Ratio
0.26
Put-heavy
Spot Price
$323.87
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-05-22
Expiration
Max Pain Strike
Last Updated
2026-05-08
$315.00
5/8/2026, 11:17:28 PM
2026-05-15
$320.00
5/15/2026, 11:19:07 PM
2026-05-22NextUpdated
$315.00
5/20/2026, 11:15:52 PM
2026-05-29
$335.00
5/20/2026, 11:15:52 PM
2026-06-05
$315.00
5/20/2026, 11:15:52 PM
2026-06-12
$315.00
5/20/2026, 11:15:52 PM
2026-06-18
$290.00
5/20/2026, 11:15:52 PM
2026-06-26
$290.00
5/20/2026, 11:15:52 PM
2026-07-17
$310.00
5/20/2026, 11:15:52 PM
2026-09-18
$300.00
5/20/2026, 11:15:52 PM
2026-10-16
$280.00
5/20/2026, 11:15:52 PM
2026-12-18
$300.00
5/20/2026, 11:15:52 PM
2027-01-15
$300.00
5/20/2026, 11:15:52 PM
2027-03-19
$320.00
5/20/2026, 11:15:52 PM
Selected expiration: 2026-05-22 at max pain $315.00.
HLT pain by strike for 2026-05-22 expiration
Strike
Call Pain
Put Pain
Total Pain
200
0
2897500
2897500
240
44000
1793500
1837500
245
49500
1656000
1705500
250
55000
1519000
1574000
265
71500
1109500
1181000
275
83500
836500
920000
280
92500
701000
793500
285
101500
568500
670000
287.5
106000
505000
611000
290
110500
441750
552250
297.5
125500
261750
387250
300
130500
204250
334750
302.5
136500
153000
289500
305
142500
107750
250250
307.5
148500
67000
215500
310
154500
51250
205750
315
168500
32250
200750
317.5
183750
23000
206750
320
202500
13750
216250
322.5
224500
8500
233000
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.