This page reflects HUBS 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 — HUBS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $230.00 (3.76 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$230.00
Nearest expiry
Expected Move
±$12.85
±5.7%
Days to Expiry
3
Calendar days
Total Call OI
14,717
Nearest expiry
Total Put OI
16,066
Nearest expiry
P/C OI Ratio
1.09
Put-heavy
Spot Price
$226.24
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
$190.00
6/18/2026, 11:16:45 PM
2026-07-17
$200.00
7/17/2026, 11:19:22 PM
2026-08-21NextUpdated
$230.00
8/18/2026, 11:15:40 PM
2026-09-18
$230.00
8/18/2026, 11:15:40 PM
2026-12-18
$195.00
8/18/2026, 11:15:40 PM
2027-01-15
$250.00
8/18/2026, 11:15:40 PM
2027-03-19
$200.00
8/18/2026, 11:15:40 PM
Selected expiration: 2026-08-21 at max pain $230.00.
HUBS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
95
0
184582500
184582500
100
0
176555000
176555000
105
0
168528500
168528500
110
0
160506000
160506000
115
0
152485000
152485000
120
0
144466500
144466500
125
11000
136451000
136462000
130
22500
128479500
128502000
135
35000
120522000
120557000
140
47500
112647500
112695000
145
69500
104795500
104865000
150
91500
96966000
97057500
155
117000
89317000
89434000
160
142500
81994000
82136500
165
178000
74775000
74953000
170
214500
67665500
67880000
175
252000
60625000
60877000
180
304000
53837500
54141500
185
409000
48639000
49048000
190
527500
43581500
44109000
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.