Hercules Capital Inc. (HTGC)
Hercules Capital Max Pain By Strike
HTGC trades at $18.41, 3.1% below the near-term max pain of $19 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($19-$45), signaling increased put positioning or downside protection. Key magnetic zone at 19 where 3 expirations converge.
Hercules Capital Max Pain By Expiry
Max pain for HTGC shows a downward trend from 45 to 19, indicating bearish sentiment or hedging activity. The 107% spread signals divergent expectations across timeframes. Most levels above 18.41 could support dips. Strong magnetic level at 19 (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 |
|---|---|---|
| Oct 17, 2025 | 19 | n/a (n/a) |
| Nov 21, 2025 | 19 | n/a (n/a) |
| Jan 16, 2026 | 20 | n/a (n/a) |
| Apr 17, 2026 | 19 | n/a (n/a) |
| Dec 18, 2026 | 45 | n/a (n/a) |