AMEX: HAP · Real-Time Price · USD
54.37
0.28 (0.51%)
At close: Aug 21, 2025, 3:59 PM
54.37
0.00%
After-hours: Aug 21, 2025, 04:08 PM EDT

Max Pain By Strike

HAP trades at $54.37, 29.5% above the near-term max pain of $42 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($42-$90), signaling increased put positioning or downside protection. Key magnetic zone at 42 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for HAP shows a downward trend from 90 to 42, indicating bearish sentiment or hedging activity. The 89% spread signals divergent expectations across timeframes. Most levels below 54.37 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.

Max Pain Table

Expiration Date Max Pain Max Pain vs Current Price
Sep 19, 2025 42 -12.37 (-22.75%)
Oct 17, 2025 49 -5.37 (-9.88%)
Dec 19, 2025 42 -12.37 (-22.75%)
Jan 16, 2026 90 35.63 (65.53%)
Mar 20, 2026 48 -6.37 (-11.72%)