thetaOwl

HRMY

Harmony Biosciences Holdings, IClose $37.26EOD only
Max Pain
$32.50
Next expiry Jul 17, 2026
Expected Move
±$10.95
29.4% from close
Price Gap
-4.76
Distance to max pain
IV Rank
15
Low premium
P/C OI
1.24
Slightly put-heavy
Consensus
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot

This page reflects HRMY 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 — HRMY
Data as of market close Jul 2, 2026

Nearest listed expiration 2026-07-17 shows max pain at $32.50 (4.76 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$32.50
Nearest expiry
Expected Move
±$10.95
±29.4%
Days to Expiry
15
Calendar days
Total Call OI
1,012
Nearest expiry
Total Put OI
979
Nearest expiry
P/C OI Ratio
0.97
Put-heavy
Spot Price
$37.26
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-07-17
ExpirationMax Pain StrikeLast Updated
2026-05-15$35.005/15/2026, 11:17:33 PM
2026-06-18$30.006/18/2026, 11:16:28 PM
2026-07-17NextUpdated$32.507/3/2026, 11:14:25 PM
2026-08-21$32.507/3/2026, 11:14:25 PM
2026-10-16$32.507/3/2026, 11:14:25 PM
2026-12-18$30.007/3/2026, 11:14:25 PM
2027-01-15$30.007/3/2026, 11:14:25 PM
Selected expiration: 2026-07-17 at max pain $32.50.
HRMY pain by strike for 2026-07-17 expiration
StrikeCall PainPut PainTotal Pain
17.50890500890500
200646000646000
22.50404500404500
251250172500173750
27.58750102750111500
30195006000079500
32.5345002650061000
35782501250090750
37.529300010000303000
405207507500528250
42.57585005000763500
4599975025001002250
47.5125225001252250
50150475001504750
55200975002009750
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.