thetaOwl

HPE

Hewlett Packard Enterprise CompClose $69.33EOD only
Max Pain
$60.00
Next expiry Oct 9, 2026
Expected Move
±$4.36
6.3% from close
Price Gap
-9.33
Distance to max pain
IV Rank
36
Middle-high premium
P/C OI
0.78
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Oct 2, 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
Oct 2, 2026 close
Max Pain — HPE
Data as of market close Oct 2, 2026

Nearest listed expiration 2026-10-09 shows max pain at $60.00 (9.33 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$4.36
±6.3%
Days to Expiry
7
Calendar days
Total Call OI
11,475
Nearest expiry
Total Put OI
10,156
Nearest expiry
P/C OI Ratio
0.89
Put-heavy
Spot Price
$69.33
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$57.009/25/2026, 11:16:03 PM
2026-10-02Updated$59.0010/2/2026, 11:15:33 PM
2026-10-09Next$60.0010/2/2026, 11:15:33 PM
2026-10-16$55.0010/2/2026, 11:15:33 PM
2026-10-23$60.0010/2/2026, 11:15:33 PM
2026-10-30$61.0010/2/2026, 11:15:33 PM
2026-11-06$63.0010/2/2026, 11:15:33 PM
2026-11-20$55.0010/2/2026, 11:15:33 PM
2026-12-18$47.0010/2/2026, 11:15:33 PM
2027-01-15$40.0010/2/2026, 11:15:33 PM
2027-02-19$60.0010/2/2026, 11:15:33 PM
2027-03-19$50.0010/2/2026, 11:15:33 PM
2027-05-21$65.0010/2/2026, 11:15:33 PM
2027-06-17$60.0010/2/2026, 11:15:33 PM
2027-09-17$50.0010/2/2026, 11:15:33 PM
Selected expiration: 2026-10-09 at max pain $60.00.
HPE pain by strike for 2026-10-09 expiration
StrikeCall PainPut PainTotal Pain
3502068880020688800
383001764200017642300
407001561080015611500
4112001459700014598200
4223001358350013585800
4334001257230012575700
4451001156430011569400
4575001056810010575600
461140096153009626700
471720086644008681600
482360077238007747400
493100070212007052200
505290063602006413100
5114070057252005865900
5223490051225005357400
5334340045393004882700
5447810039900004468100
5567080034585004129300
5689680029649003861700
57119040025518003742200
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.