This page reflects HUBS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 20, 2026 close
Max Pain — HUBS
Data as of market close May 20, 2026
Nearest listed expiration 2026-06-18 shows max pain at $220.00 (16.61 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$220.00
Nearest expiry
Expected Move
±$32.35
±15.9%
Days to Expiry
29
Calendar days
Total Call OI
9,227
Nearest expiry
Total Put OI
6,857
Nearest expiry
P/C OI Ratio
0.74
Put-heavy
Spot Price
$203.39
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-06-18
Expiration
Max Pain Strike
Last Updated
2026-04-17
$210.00
4/17/2026, 11:19:44 PM
2026-05-15
$195.00
5/15/2026, 11:16:33 PM
2026-06-18NextUpdated
$220.00
5/20/2026, 11:18:43 PM
2026-07-17
$200.00
5/20/2026, 11:18:43 PM
2026-09-18
$240.00
5/20/2026, 11:18:43 PM
2026-12-18
$250.00
5/20/2026, 11:18:43 PM
2027-01-15
$260.00
5/20/2026, 11:18:43 PM
Selected expiration: 2026-06-18 at max pain $220.00.
HUBS pain by strike for 2026-06-18 expiration
Strike
Call Pain
Put Pain
Total Pain
100
0
67585000
67585000
105
5500
64169000
64174500
110
11000
60803000
60814000
115
16500
57448000
57464500
120
22000
54102500
54124500
125
27500
50769000
50796500
130
33500
47448000
47481500
135
41000
44148500
44189500
140
48500
41502500
41551000
145
59500
38872000
38931500
150
70500
36275000
36345500
155
88000
33714500
33802500
160
105500
31174000
31279500
165
138000
28723000
28861000
170
173000
26384000
26557000
175
227000
24182000
24409000
180
282000
22052000
22334000
185
350500
20261000
20611500
190
432000
18504000
18936000
195
1044500
16813000
17857500
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.