This page reflects HSY 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 — HSY
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-10 shows max pain at $170.00 (12.14 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$170.00
Nearest expiry
Expected Move
±$2.80
±1.5%
Days to Expiry
8
Calendar days
Total Call OI
279
Nearest expiry
Total Put OI
346
Nearest expiry
P/C OI Ratio
1.24
Put-heavy
Spot Price
$182.14
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-10
Expiration
Max Pain Strike
Last Updated
2026-06-26
$175.00
6/26/2026, 11:14:21 PM
2026-07-02
$180.00
7/2/2026, 11:17:39 PM
2026-07-10NextUpdated
$170.00
7/3/2026, 11:16:16 PM
2026-07-17
$185.00
7/3/2026, 11:16:16 PM
2026-07-24
$175.00
7/3/2026, 11:16:16 PM
2026-07-31
$180.00
7/3/2026, 11:16:16 PM
2026-08-07
$175.00
7/3/2026, 11:16:16 PM
2026-08-21
$185.00
7/3/2026, 11:16:16 PM
2026-09-18
$190.00
7/3/2026, 11:16:16 PM
2026-11-20
$170.00
7/3/2026, 11:16:16 PM
2026-12-18
$180.00
7/3/2026, 11:16:16 PM
2027-01-15
$180.00
7/3/2026, 11:16:16 PM
2027-02-19
$195.00
7/3/2026, 11:16:16 PM
2027-03-19
$190.00
7/3/2026, 11:16:16 PM
2027-06-17
$150.00
7/3/2026, 11:16:16 PM
Selected expiration: 2026-07-10 at max pain $170.00.
HSY pain by strike for 2026-07-10 expiration
Strike
Call Pain
Put Pain
Total Pain
155
0
523500
523500
160
0
353500
353500
165
500
186500
187000
167.5
750
106250
107000
170
1000
52250
53250
172.5
35250
36000
71250
175
69750
21000
90750
177.5
106000
12750
118750
180
143250
4500
147750
182.5
187250
3000
190250
185
233250
1500
234750
190
330250
0
330250
195
429750
0
429750
197.5
489250
0
489250
200
549250
0
549250
205
683750
0
683750
210
818750
0
818750
215
955750
0
955750
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.