(HDV)
Max Pain By Strike
HDV trades at $121.33, 8.3% above the near-term max pain of $112 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$118), reflecting growing call interest at higher strikes. Key magnetic zone at 112 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for HDV shows an upward trend from 8 to 118, suggesting bullish positioning in longer-dated options. The 115% spread signals divergent expectations across timeframes. Most levels below 121.33 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 |
|---|---|---|
| Aug 15, 2025 | 112 | -9.33 (-7.69%) |
| Sep 19, 2025 | 116 | -5.33 (-4.39%) |
| Oct 17, 2025 | 106 | -15.33 (-12.63%) |
| Nov 21, 2025 | 112 | -9.33 (-7.69%) |
| Jan 16, 2026 | 8 | -113.33 (-93.41%) |
| Feb 20, 2026 | 118 | -3.33 (-2.74%) |