This page reflects HUBB 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 — HUBB
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $490.00 (6.14 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$490.00
Nearest expiry
Expected Move
±$14.47
±3.0%
Days to Expiry
3
Calendar days
Total Call OI
1,906
Nearest expiry
Total Put OI
661
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$483.86
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
$460.00
6/18/2026, 11:18:24 PM
2026-07-17
$500.00
7/17/2026, 11:19:29 PM
2026-08-21NextUpdated
$490.00
8/18/2026, 11:17:10 PM
2026-09-18
$490.00
8/18/2026, 11:17:10 PM
2026-11-20
$490.00
8/18/2026, 11:17:10 PM
2026-12-18
$500.00
8/18/2026, 11:17:10 PM
2027-03-19
$560.00
8/18/2026, 11:17:10 PM
2027-06-17
$470.00
8/18/2026, 11:17:10 PM
Selected expiration: 2026-08-21 at max pain $490.00.
HUBB pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
220
0
16048000
16048000
230
0
15399000
15399000
240
0
14752000
14752000
270
3000
12814000
12817000
280
4000
12168000
12172000
300
6000
10876000
10882000
310
7000
10237000
10244000
320
8000
9598000
9606000
330
9000
8959000
8968000
340
10000
8320000
8330000
360
12000
7044000
7056000
370
13000
6426000
6439000
380
14000
5820000
5834000
390
15000
5216000
5231000
400
16000
4617000
4633000
410
18000
4031000
4049000
420
22000
3459000
3481000
430
34000
2900000
2934000
440
53000
2351000
2404000
450
75000
1831000
1906000
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.