This page reflects HTZ options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — HTZ
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $2.50 (0.42 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$2.50
Nearest expiry
Expected Move
±$0.17
±8.2%
Days to Expiry
3
Calendar days
Total Call OI
276,979
Nearest expiry
Total Put OI
80,578
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$2.08
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
2026-08-07
$2.00
8/7/2026, 11:16:14 PM
2026-08-14
$2.50
8/14/2026, 11:14:39 PM
2026-08-21NextUpdated
$2.50
8/18/2026, 11:17:38 PM
2026-08-28
$2.00
8/18/2026, 11:17:38 PM
2026-09-04
$2.50
8/18/2026, 11:17:38 PM
2026-09-11
$2.50
8/18/2026, 11:17:38 PM
2026-09-18
$2.00
8/18/2026, 11:17:38 PM
2026-09-25
$2.00
8/18/2026, 11:17:38 PM
2026-10-02
$2.00
8/18/2026, 11:17:38 PM
2026-12-18
$3.50
8/18/2026, 11:17:38 PM
2027-01-15
$4.00
8/18/2026, 11:17:38 PM
2027-03-19
$4.00
8/18/2026, 11:17:38 PM
2027-06-17
$2.00
8/18/2026, 11:17:38 PM
Selected expiration: 2026-08-21 at max pain $2.50.
HTZ pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
31274550
31274550
1
4150
27252000
27256150
1.5
31550
23344250
23375800
2
243600
19839500
20083100
2.5
1518550
17296950
18815500
3
5541250
15301100
20842350
3.5
13827800
13912850
27740650
4
22817850
12531050
35348900
4.5
33700300
11268750
44969050
5
44608050
10006700
54614750
5.5
56747700
8754550
65502250
6
68887700
7503100
76390800
7
93574600
5001900
98576500
8
118333400
2500800
120834200
9
143260800
200
143261000
10
170857500
0
170857500
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.