Helix Energy Solutions Gr... (HLX)
Helix Energy Solutions Max Pain By Strike
HLX trades at $5.75, 4.2% below the near-term max pain of $6 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($1-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 6 where 3 expirations converge.
Helix Energy Solutions Max Pain By Expiry
Max pain for HLX shows a downward trend from 7.5 to 1, indicating bearish sentiment or hedging activity. The 124% spread signals divergent expectations across timeframes. Levels distributed around 5.75. Strong magnetic level at 6 (3 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 | 0.25 (4.26%) |
| Sep 19, 2025 | 6 | 0.25 (4.26%) |
| Oct 17, 2025 | 1 | -4.75 (-82.62%) |
| Dec 19, 2025 | 6 | 0.25 (4.26%) |
| Jan 16, 2026 | 7.5 | 1.75 (30.32%) |
| Mar 20, 2026 | 5 | -0.75 (-13.12%) |