Hudbay Minerals Inc. (HBM)
Hudbay Minerals Max Pain By Strike
HBM trades at $13.46, 34.6% above the near-term max pain of $10 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$980), reflecting growing call interest at higher strikes. Key magnetic zone at 10 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Hudbay Minerals Max Pain By Expiry
Max pain for HBM shows an upward trend from 5 to 980, suggesting bullish positioning in longer-dated options. The 481% spread signals divergent expectations across timeframes. Most levels below 13.46 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 | 10 | -3.46 (-25.73%) |
| Oct 17, 2025 | 7.5 | -5.96 (-44.30%) |
| Dec 19, 2025 | 980 | 966.54 (7178.78%) |
| Jan 16, 2026 | 10 | -3.46 (-25.73%) |
| Apr 17, 2026 | 5 | -8.46 (-62.86%) |