This page reflects HSIC 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 — HSIC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $75.00 (11.43 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$2.50
±2.9%
Days to Expiry
15
Calendar days
Total Call OI
732
Nearest expiry
Total Put OI
158
Nearest expiry
P/C OI Ratio
0.22
Put-heavy
Spot Price
$86.43
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
$70.00
5/15/2026, 11:19:03 PM
2026-06-18
$65.00
6/18/2026, 11:17:16 PM
2026-07-17NextUpdated
$75.00
7/3/2026, 11:15:03 PM
2026-08-21
$70.00
7/3/2026, 11:15:03 PM
2026-10-16
$70.00
7/3/2026, 11:15:03 PM
2026-11-20
$70.00
7/3/2026, 11:15:03 PM
2027-01-15
$75.00
7/3/2026, 11:15:03 PM
Selected expiration: 2026-07-17 at max pain $75.00.
HSIC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
394500
394500
45
1000
315500
316500
50
2000
237000
239000
55
3000
169500
172500
60
4000
105000
109000
65
5500
56500
62000
70
8000
25000
33000
75
11000
8000
19000
80
169000
0
169000
85
460500
0
460500
90
795500
0
795500
95
1143500
0
1143500
100
1491500
0
1491500
105
1857500
0
1857500
110
2223500
0
2223500
115
2589500
0
2589500
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.