This page reflects HSY options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — HSY
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $175.00 (14.81 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$175.00
Nearest expiry
Expected Move
±$1.75
±1.1%
Days to Expiry
7
Calendar days
Total Call OI
218
Nearest expiry
Total Put OI
643
Nearest expiry
P/C OI Ratio
2.95
Put-heavy
Spot Price
$160.19
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$167.50
9/25/2026, 11:15:22 PM
2026-10-02Updated
$162.50
10/2/2026, 11:14:28 PM
2026-10-09Next
$175.00
10/2/2026, 11:14:28 PM
2026-10-16
$170.00
10/2/2026, 11:14:28 PM
2026-10-23
$170.00
10/2/2026, 11:14:28 PM
2026-10-30
$165.00
10/2/2026, 11:14:28 PM
2026-11-06
$155.00
10/2/2026, 11:14:28 PM
2026-11-20
$175.00
10/2/2026, 11:14:28 PM
2026-12-18
$175.00
10/2/2026, 11:14:28 PM
2027-01-15
$170.00
10/2/2026, 11:14:28 PM
2027-02-19
$175.00
10/2/2026, 11:14:28 PM
2027-03-19
$185.00
10/2/2026, 11:14:28 PM
2027-05-21
$175.00
10/2/2026, 11:14:28 PM
2027-06-17
$170.00
10/2/2026, 11:14:28 PM
2027-09-17
$170.00
10/2/2026, 11:14:28 PM
Selected expiration: 2026-10-09 at max pain $175.00.
HSY pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
135
0
1953350
1953350
140
0
1616850
1616850
145
0
1283350
1283350
148
0
1085950
1085950
149
0
1020650
1020650
150
0
955750
955750
152.5
0
796000
796000
155
0
638250
638250
157.5
0
490250
490250
160
250
361250
361500
162.5
6750
285750
292500
165
19750
210750
230500
167.5
45250
149000
194250
170
78000
91000
169000
172.5
129750
44750
174500
175
182750
0
182750
177.5
250500
0
250500
180
319250
0
319250
185
470250
0
470250
190
624250
0
624250
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.