(HARD)
Max Pain By Strike
HARD trades at $28.79, 15.2% above the near-term max pain of $25 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($25-$25), indicating stable market expectations. Key magnetic zone at 25 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for HARD shows stable levels around 25.00, reflecting balanced market expectations. The 0% spread suggests strong consensus on fair value. Most levels below 28.79 may cap rallies. Strong magnetic level at 25 (4 expirations). 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 | 25 | -3.79 (-13.16%) |
Oct 17, 2025 | 25 | -3.79 (-13.16%) |
Nov 21, 2025 | 25 | -3.79 (-13.16%) |
Feb 20, 2026 | 25 | -3.79 (-13.16%) |