Hecla Mining (HL)
Hecla Mining Max Pain By Strike
HL trades at $7.67, 27.8% above the near-term max pain of $6 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($1-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 6 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Hecla Mining Max Pain By Expiry
Max pain for HL shows a downward trend from 7.5 to 1, indicating bearish sentiment or hedging activity. The 115% spread signals divergent expectations across timeframes. Most levels below 7.67 may cap rallies. Strong magnetic level at 6 (5 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 |
|---|---|---|
| Aug 15, 2025 | 6 | -1.67 (-21.77%) |
| Aug 22, 2025 | 6.5 | -1.17 (-15.26%) |
| Aug 29, 2025 | 6.5 | -1.17 (-15.26%) |
| Sep 5, 2025 | 6 | -1.67 (-21.77%) |
| Sep 12, 2025 | 7.5 | -0.17 (-2.22%) |
| Sep 19, 2025 | 6 | -1.67 (-21.77%) |
| Sep 26, 2025 | 7 | -0.67 (-8.74%) |
| Oct 17, 2025 | 1 | -6.67 (-86.96%) |
| Dec 19, 2025 | 6 | -1.67 (-21.77%) |
| Jan 16, 2026 | 5.5 | -2.17 (-28.29%) |
| Mar 20, 2026 | 5 | -2.67 (-34.81%) |
| Jan 15, 2027 | 5 | -2.67 (-34.81%) |