This page reflects HROW options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — HROW
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $35.00 (4.14 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$35.00
Nearest expiry
Expected Move
±$3.75
±12.2%
Days to Expiry
29
Calendar days
Total Call OI
999
Nearest expiry
Total Put OI
1,325
Nearest expiry
P/C OI Ratio
1.33
Put-heavy
Spot Price
$30.86
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$37.00
4/17/2026, 11:13:38 PM
2026-05-15
$31.00
5/15/2026, 11:19:02 PM
2026-06-18NextUpdated
$35.00
5/20/2026, 11:18:42 PM
2026-07-17
$35.00
5/20/2026, 11:18:42 PM
2026-10-16
$30.00
5/20/2026, 11:18:42 PM
2027-01-15
$25.00
5/20/2026, 11:18:42 PM
Selected expiration: 2026-06-18 at max pain $35.00.
HROW pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
961900
961900
27
1000
704900
705900
28
1500
580700
582200
29
2000
473600
475600
30
2500
372200
374700
31
6900
306900
313800
32
19500
250700
270200
33
45900
200700
246600
34
72300
151700
224000
35
108300
104500
212800
36
157000
82100
239100
37
205700
60200
265900
38
254500
41900
296400
39
308400
25500
333900
40
363000
10300
373300
41
419400
5100
424500
42
477900
400
478300
43
550000
300
550300
44
622100
200
622300
45
704300
100
704400
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.