This page reflects HUN 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 — HUN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $12.00 (1.95 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$12.00
Nearest expiry
Expected Move
±$0.45
±4.5%
Days to Expiry
3
Calendar days
Total Call OI
6,968
Nearest expiry
Total Put OI
4,310
Nearest expiry
P/C OI Ratio
0.62
Put-heavy
Spot Price
$10.05
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
$14.00
6/18/2026, 11:18:18 PM
2026-07-17
$12.00
7/17/2026, 11:17:07 PM
2026-08-21NextUpdated
$12.00
8/18/2026, 11:17:13 PM
2026-09-18
$11.00
8/18/2026, 11:17:13 PM
2026-11-20
$12.00
8/18/2026, 11:17:13 PM
2027-01-15
$10.00
8/18/2026, 11:17:13 PM
2027-02-19
$12.00
8/18/2026, 11:17:13 PM
Selected expiration: 2026-08-21 at max pain $12.00.
HUN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
2
0
3857900
3857900
3
600
3430900
3431500
4
1500
3004000
3005500
5
2400
2577300
2579700
6
3300
2150800
2154100
7
4400
1724300
1728700
8
6900
1299400
1306300
9
12600
901100
913700
10
20500
533900
554400
11
50600
310900
361500
12
117100
153600
270700
13
235600
77600
313200
14
578900
3500
582400
15
970600
600
971200
16
1455600
100
1455700
17
2016200
0
2016200
18
2616800
0
2616800
19
3229700
0
3229700
20
3890500
0
3890500
25
7345000
0
7345000
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.