This page reflects HPQ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — HPQ
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $23.00 (1.07 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$23.00
Nearest expiry
Expected Move
±$1.11
±5.1%
Days to Expiry
8
Calendar days
Total Call OI
3,923
Nearest expiry
Total Put OI
3,325
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$21.93
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$23.00
6/26/2026, 11:16:27 PM
2026-07-02
$22.50
7/2/2026, 11:17:33 PM
2026-07-10NextUpdated
$23.00
7/3/2026, 11:15:01 PM
2026-07-17
$23.00
7/3/2026, 11:15:01 PM
2026-07-24
$22.00
7/3/2026, 11:15:01 PM
2026-07-31
$24.50
7/3/2026, 11:15:01 PM
2026-08-07
$25.00
7/3/2026, 11:15:01 PM
2026-08-21
$23.00
7/3/2026, 11:15:01 PM
2026-09-18
$23.00
7/3/2026, 11:15:01 PM
2026-11-20
$24.00
7/3/2026, 11:15:01 PM
2026-12-18
$23.00
7/3/2026, 11:15:01 PM
2027-01-15
$23.00
7/3/2026, 11:15:01 PM
2027-02-19
$20.00
7/3/2026, 11:15:01 PM
2027-03-19
$22.00
7/3/2026, 11:15:01 PM
2027-06-17
$18.00
7/3/2026, 11:15:01 PM
Selected expiration: 2026-07-10 at max pain $23.00.
HPQ pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
14
0
2751650
2751650
16
0
2086650
2086650
17
0
1754450
1754450
18
0
1422450
1422450
18.5
0
1257100
1257100
19
0
1091800
1091800
19.5
0
927700
927700
20
0
764150
764150
20.5
0
605800
605800
21
50
455950
456000
21.5
1200
318900
320100
22
2350
208350
210700
22.5
8800
108650
117450
23
33200
73700
106900
23.5
70300
42450
112750
24
114350
14750
129100
24.5
223450
5950
229400
25
351100
2650
353750
25.5
503800
1350
505150
26
665550
600
666150
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.