This page reflects HST options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — HST
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $24.28 (1.13 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$24.28
Nearest expiry
Expected Move
±$0.62
±2.7%
Days to Expiry
2
Calendar days
Total Call OI
15,699
Nearest expiry
Total Put OI
10,298
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$23.15
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$23.00
6/18/2026, 11:16:40 PM
2026-07-17
$24.13
7/17/2026, 11:19:45 PM
2026-08-21NextUpdated
$24.28
8/19/2026, 11:19:46 PM
2026-09-18
$24.00
8/19/2026, 11:19:46 PM
2026-10-16
$19.28
8/19/2026, 11:19:46 PM
2027-01-15
$22.28
8/19/2026, 11:19:46 PM
Selected expiration: 2026-08-21 at max pain $24.28.
HST pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
11.28
0
13019212
13019212
12.28
0
11990112
11990112
13.28
0
10962112
10962112
14.28
0
9935512
9935512
15.28
100
8909812
8909912
16.28
200
7885912
7886112
17.28
600
6862012
6862612
18
888
6125164
6126052
18.28
1000
5838696
5839696
19
1288
5102352
5103640
19.28
1400
4816080
4817480
20
1688
4080168
4081856
20.28
1800
3794064
3795864
21
2376
3058512
3060888
21.28
2600
2772520
2775120
22
3536
2037184
2040720
22.28
4040
1751248
1755288
23
21176
1116856
1138032
23.28
28792
913800
942592
24
233704
401160
634864
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.