Hallador Energy (HNRG)
Hallador Energy Max Pain By Strike
HNRG trades at $16.35, 25.8% above the near-term max pain of $13 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$17), 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.
Hallador Energy Max Pain By Expiry
Max pain for HNRG shows an upward trend from 7 to 17, suggesting bullish positioning in longer-dated options. The 85% spread signals divergent expectations across timeframes. Most levels below 16.35 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 | 13 | -3.35 (-20.49%) |
| Sep 19, 2025 | 17 | 0.65 (3.98%) |
| Oct 17, 2025 | 10 | -6.35 (-38.84%) |
| Nov 21, 2025 | 13 | -3.35 (-20.49%) |
| Dec 19, 2025 | 10 | -6.35 (-38.84%) |
| Jan 16, 2026 | 7 | -9.35 (-57.19%) |
| Feb 20, 2026 | 12 | -4.35 (-26.61%) |