Hewlett Packard Enterprise CompClose $55.69EOD only
Max Pain
$38.00
Next expiry Aug 21, 2026
Expected Move
±$2.75
4.9% from close
Price Gap
-17.69
Distance to max pain
IV Rank
58
Middle-high premium
P/C OI
0.75
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects HPE 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 — HPE
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $38.00 (17.69 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$38.00
Nearest expiry
Expected Move
±$2.75
±4.9%
Days to Expiry
3
Calendar days
Total Call OI
94,259
Nearest expiry
Total Put OI
48,969
Nearest expiry
P/C OI Ratio
0.52
Put-heavy
Spot Price
$55.69
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-08-07
$48.00
8/7/2026, 11:15:25 PM
2026-08-14
$52.50
8/14/2026, 11:15:31 PM
2026-08-21NextUpdated
$38.00
8/18/2026, 11:17:03 PM
2026-08-28
$54.00
8/18/2026, 11:17:03 PM
2026-09-04
$50.00
8/18/2026, 11:17:03 PM
2026-09-11
$53.00
8/18/2026, 11:17:03 PM
2026-09-18
$45.00
8/18/2026, 11:17:03 PM
2026-09-25
$56.00
8/18/2026, 11:17:03 PM
2026-10-02
$58.00
8/18/2026, 11:17:03 PM
2026-11-20
$45.00
8/18/2026, 11:17:03 PM
2026-12-18
$33.00
8/18/2026, 11:17:03 PM
2027-01-15
$34.00
8/18/2026, 11:17:03 PM
2027-02-19
$49.00
8/18/2026, 11:17:03 PM
2027-03-19
$47.00
8/18/2026, 11:17:03 PM
2027-06-17
$50.00
8/18/2026, 11:17:03 PM
Selected expiration: 2026-08-21 at max pain $38.00.
HPE pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
13
0
140272550
140272550
14
900
135379650
135380550
15
1800
130488350
130490150
16
9700
125602650
125612350
17
18600
120734750
120753350
18
27700
115866850
115894550
19
38500
110998950
111037450
20
50300
106141150
106191450
21
127800
101294650
101422450
22
213800
96486750
96700550
23
310100
91694650
92004750
24
443100
86911450
87354550
25
595800
82177550
82773350
26
794100
77483750
78277850
27
1445800
72815250
74261050
28
2123500
68168350
70291850
29
2828700
63534850
66363550
30
3562600
58919050
62481650
31
4607300
54585950
59193250
32
5854700
50321250
56175950
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.