Helix Energy Solutions Gr... (HLX)
Helix Energy Solutions Max Pain By Strike
HLX trades at $6.38, 6.3% above the near-term max pain of $6 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($1-$7.5), signaling increased put positioning or downside protection. Key magnetic zone at 6 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Helix Energy Solutions Max Pain By Expiry
Max pain for HLX shows a downward trend from 7.5 to 1, indicating bearish sentiment or hedging activity. The 127% spread signals divergent expectations across timeframes. Most levels below 6.38 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 | 6 | -0.38 (-5.96%) |
| Oct 17, 2025 | 1 | -5.38 (-84.33%) |
| Dec 19, 2025 | 6 | -0.38 (-5.96%) |
| Jan 16, 2026 | 7.5 | 1.12 (17.55%) |
| Mar 20, 2026 | 5 | -1.38 (-21.63%) |