This page reflects HST options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 5, 2026 close
Max Pain — HST
Data as of market close Oct 5, 2026
Nearest listed expiration 2026-10-16 shows max pain at $22.28 (0.16 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$22.28
Nearest expiry
Expected Move
±$0.90
±4.0%
Days to Expiry
11
Calendar days
Total Call OI
3,993
Nearest expiry
Total Put OI
868
Nearest expiry
P/C OI Ratio
0.22
Put-heavy
Spot Price
$22.44
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-16
Expiration
Max Pain Strike
Last Updated
2026-08-21
$24.28
8/21/2026, 11:17:19 PM
2026-09-18
$24.00
9/18/2026, 11:16:48 PM
2026-10-16NextUpdated
$22.28
10/5/2026, 11:16:42 PM
2026-11-20
$22.00
10/5/2026, 11:16:42 PM
2027-01-15
$22.28
10/5/2026, 11:16:42 PM
2027-04-16
$18.00
10/5/2026, 11:16:42 PM
Selected expiration: 2026-10-16 at max pain $22.28.
HST pain by strike for 2026-10-16 expiration
Strike
Call Pain
Put Pain
Total Pain
11.28
0
724876
724876
12
0
662380
662380
12.28
0
638076
638076
13
0
575580
575580
13.28
0
551332
551332
14
0
492868
492868
14.28
0
471084
471084
15
0
416004
416004
15.28
28
394948
394976
16
100
341308
341408
16.28
184
320644
320828
17
472
271108
271580
17.28
612
253132
253744
18
972
208996
209968
18.28
3352
192644
195996
19
10192
150596
160788
19.28
13132
135000
148132
20
23500
96984
120484
20.28
28680
82984
111664
21
42000
53320
95320
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.