Hudson Pacific Properties, Inc.Close $16.27EOD only
Max Pain
$12.50
Next expiry Jul 17, 2026
Expected Move
±$2.62
16.1% from close
Price Gap
-3.77
Distance to max pain
IV Rank
31
Middle-high premium
P/C OI
0.09
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 6, 2026 close
End-of-day snapshot
This page reflects HPP options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 6, 2026 close
Max Pain — HPP
Data as of market close Jul 6, 2026
Nearest listed expiration 2026-07-17 shows max pain at $12.50 (3.77 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$12.50
Nearest expiry
Expected Move
±$2.62
±16.1%
Days to Expiry
11
Calendar days
Total Call OI
16,367
Nearest expiry
Total Put OI
471
Nearest expiry
P/C OI Ratio
0.03
Put-heavy
Spot Price
$16.27
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$10.00
5/15/2026, 11:18:53 PM
2026-06-18
$7.50
6/18/2026, 11:13:32 PM
2026-07-17NextUpdated
$12.50
7/6/2026, 11:16:36 PM
2026-08-21
$15.00
7/6/2026, 11:16:36 PM
2026-09-18
$10.00
7/6/2026, 11:16:36 PM
2026-12-18
$15.00
7/6/2026, 11:16:36 PM
2027-01-15
$3.00
7/6/2026, 11:16:36 PM
Selected expiration: 2026-07-17 at max pain $12.50.
HPP pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
2.5
0
756500
756500
5
250
638750
639000
7.5
500
521000
521500
10
14000
404500
418500
12.5
36750
294500
331250
15
338500
195500
534000
17.5
4427250
97500
4524750
20
8517500
0
8517500
22.5
12608000
0
12608000
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.