HNI Corporation (HNI)
HNI Max Pain By Strike
HNI trades at $46.72, 3.8% above the near-term max pain of $45 expiring Sep 19, 2025 (13 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($22.5-$45), reflecting growing call interest at higher strikes. Key magnetic zone at 45 where 2 expirations converge.
HNI Max Pain By Expiry
Max pain for HNI shows an upward trend from 22.5 to 45, suggesting bullish positioning in longer-dated options. The 61% spread signals divergent expectations across timeframes. Most levels below 46.72 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 | 45 | -1.72 (-3.67%) |
| Oct 17, 2025 | 45 | -1.72 (-3.67%) |
| Jan 16, 2026 | 35 | -11.72 (-25.08%) |
| Apr 17, 2026 | 22.5 | -24.22 (-51.84%) |