(HYG)
Max Pain By Strike
HYG trades at $80.42, pinned near the near-term max pain of $80 expiring Aug 22, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($68-$81), indicating stable market expectations. Key magnetic zone at 80 where 10 expirations converge.
Max Pain By Expiry
Max pain for HYG shows stable levels around 78.76, reflecting balanced market expectations. The 17% spread signals divergent expectations across timeframes. Most levels below 80.42 may cap rallies. Strong magnetic level at 80 (10 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 22, 2025 | 80 | -0.42 (-0.53%) |
| Aug 29, 2025 | 80 | -0.42 (-0.53%) |
| Sep 5, 2025 | 80 | -0.42 (-0.53%) |
| Sep 12, 2025 | 80 | -0.42 (-0.53%) |
| Sep 19, 2025 | 80 | -0.42 (-0.53%) |
| Sep 26, 2025 | 80 | -0.42 (-0.53%) |
| Oct 17, 2025 | 80 | -0.42 (-0.53%) |
| Nov 21, 2025 | 80 | -0.42 (-0.53%) |
| Dec 19, 2025 | 80 | -0.42 (-0.53%) |
| Jan 16, 2026 | 78 | -2.42 (-3.02%) |
| Mar 20, 2026 | 80 | -0.42 (-0.53%) |
| Apr 17, 2026 | 79 | -1.42 (-1.77%) |
| May 15, 2026 | 77 | -3.42 (-4.26%) |
| Jun 18, 2026 | 81 | 0.58 (0.71%) |
| Jul 17, 2026 | 75 | -5.42 (-6.75%) |
| Aug 21, 2026 | 68 | -12.42 (-15.45%) |
| Jan 15, 2027 | 81 | 0.58 (0.71%) |