This page reflects HYLN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 20, 2026 close
Max Pain — HYLN
Data as of market close Aug 20, 2026
Nearest listed expiration 2026-08-21 shows max pain at $4.00 (0.63 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.00
Nearest expiry
Expected Move
±$0.38
±11.1%
Days to Expiry
1
Calendar days
Total Call OI
6,946
Nearest expiry
Total Put OI
2,558
Nearest expiry
P/C OI Ratio
0.37
Put-heavy
Spot Price
$3.37
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
$5.00
6/18/2026, 11:17:00 PM
2026-07-17
$3.00
7/17/2026, 11:19:38 PM
2026-08-21NextUpdated
$4.00
8/20/2026, 11:18:17 PM
2026-09-18
$4.00
8/20/2026, 11:18:17 PM
2026-10-16
$3.00
8/20/2026, 11:18:17 PM
2027-01-15
$3.00
8/20/2026, 11:18:17 PM
Selected expiration: 2026-08-21 at max pain $4.00.
HYLN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
645500
645500
2
1200
389900
391100
3
5800
141000
146800
4
20000
35900
55900
5
131900
9300
141200
6
482700
5800
488500
7
1018400
2300
1020700
8
1617500
0
1617500
9
2254200
0
2254200
10
2915900
0
2915900
11
3588500
0
3588500
12
4261400
0
4261400
14
5629400
0
5629400
15
6313900
0
6313900
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.