This page reflects HROW 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 — HROW
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $36.00 (6.74 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$36.00
Nearest expiry
Expected Move
±$4.28
±10.0%
Days to Expiry
15
Calendar days
Total Call OI
4,439
Nearest expiry
Total Put OI
1,203
Nearest expiry
P/C OI Ratio
0.27
Put-heavy
Spot Price
$42.74
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
$31.00
5/15/2026, 11:19:02 PM
2026-06-18
$35.00
6/18/2026, 11:15:02 PM
2026-07-17NextUpdated
$36.00
7/3/2026, 11:15:58 PM
2026-08-21
$40.00
7/3/2026, 11:15:58 PM
2026-09-18
$42.00
7/3/2026, 11:15:58 PM
2026-10-16
$30.00
7/3/2026, 11:15:58 PM
2027-01-15
$25.00
7/3/2026, 11:15:58 PM
2027-03-19
$23.00
7/3/2026, 11:15:58 PM
Selected expiration: 2026-07-17 at max pain $36.00.
HROW pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
2549600
2549600
20
1500
1948100
1949600
23
3900
1598000
1601900
25
5500
1375000
1380500
26
12400
1272300
1284700
27
19600
1170000
1189600
28
26800
1068100
1094900
29
34600
966200
1000800
30
43200
864900
908100
31
54600
777600
832200
32
67600
694100
761700
33
96000
612500
708500
34
125000
532600
657600
35
169200
460600
629800
36
228700
395600
624300
37
295100
334200
629300
38
363200
274000
637200
39
533400
218600
752000
40
706500
165500
872000
41
951100
135800
1086900
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.