thetaOwl

HLT

Hilton Worldwide Holdings Inc.Close $327.74EOD only
Max Pain
$330.00
Next expiry Aug 21, 2026
Expected Move
±$6.25
1.9% from close
Price Gap
+2.26
Distance to max pain
IV Rank
9
Low premium
P/C OI
1.11
Slightly put-heavy
Consensus
No reports available
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — HLT
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $330.00 (2.26 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$330.00
Nearest expiry
Expected Move
±$6.25
±1.9%
Days to Expiry
3
Calendar days
Total Call OI
1,139
Nearest expiry
Total Put OI
1,094
Nearest expiry
P/C OI Ratio
0.96
Put-heavy
Spot Price
$327.74
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$317.508/7/2026, 11:18:43 PM
2026-08-14$317.508/14/2026, 11:17:24 PM
2026-08-21NextUpdated$330.008/18/2026, 11:16:49 PM
2026-08-28$320.008/18/2026, 11:16:49 PM
2026-09-04$310.008/18/2026, 11:16:49 PM
2026-09-11$325.008/18/2026, 11:16:49 PM
2026-09-18$310.008/18/2026, 11:16:49 PM
2026-09-25$325.008/18/2026, 11:16:49 PM
2026-10-16$290.008/18/2026, 11:16:49 PM
2026-12-18$300.008/18/2026, 11:16:49 PM
2027-01-15$300.008/18/2026, 11:16:49 PM
2027-03-19$260.008/18/2026, 11:16:49 PM
2027-06-17$300.008/18/2026, 11:16:49 PM
Selected expiration: 2026-08-21 at max pain $330.00.
HLT pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
21001124925011249250
260058042505804250
270100047192504720250
280300036342503637250
285400030977503101750
290550025622502567750
295750020837502091250
297.5850018477501856250
300950016122501621750
302.51050014300001440500
3051150012510001262500
307.51250010922501104750
31013500936500950000
312.515250797250812500
31517000660250677250
317.519250525250544500
32022500394750417250
322.537000291500328500
32564250193750258000
327.5108250112000220250
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.