HealthStream Inc. (HSTM)
HealthStream Max Pain By Strike
HSTM trades at $26.5, 76.7% above the near-term max pain of $15 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$80), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
HealthStream Max Pain By Expiry
Max pain for HSTM shows a downward trend from 80 to 15, indicating bearish sentiment or hedging activity. The 210% spread signals divergent expectations across timeframes. Levels distributed around 26.5. Strong magnetic level at 15 (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 |
|---|---|---|
| Sep 19, 2025 | 15 | -11.50 (-43.41%) |
| Oct 17, 2025 | 15 | -11.50 (-43.41%) |
| Dec 19, 2025 | 30 | 3.50 (13.19%) |
| Jan 16, 2026 | 80 | 53.50 (201.83%) |
| Mar 20, 2026 | 15 | -11.50 (-43.41%) |