This page reflects HURN 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 — HURN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $145.00 (6.37 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$145.00
Nearest expiry
Expected Move
±$6.08
±4.0%
Days to Expiry
3
Calendar days
Total Call OI
74
Nearest expiry
Total Put OI
162
Nearest expiry
P/C OI Ratio
2.19
Put-heavy
Spot Price
$151.37
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
$105.00
6/18/2026, 11:18:31 PM
2026-07-17
$100.00
7/17/2026, 11:17:48 PM
2026-08-21NextUpdated
$145.00
8/18/2026, 11:22:12 PM
2026-09-18
$125.00
8/18/2026, 11:22:12 PM
2026-11-20
$125.00
8/18/2026, 11:22:12 PM
2026-12-18
$145.00
8/18/2026, 11:22:12 PM
2027-03-19
$175.00
8/18/2026, 11:22:12 PM
Selected expiration: 2026-08-21 at max pain $145.00.
HURN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
1175500
1175500
55
0
1098000
1098000
70
0
901500
901500
80
0
772500
772500
85
0
709000
709000
90
0
648000
648000
95
0
589500
589500
100
500
532500
533000
105
2500
475500
478000
110
13000
419000
432000
115
24000
362500
386500
120
38000
307500
345500
125
52500
254500
307000
130
76000
203500
279500
135
104500
154500
259000
140
135000
117500
252500
145
165500
81500
247000
150
196000
51000
247000
155
227500
23500
251000
160
259000
3000
262000
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.