Horace Mann Educators Cor... (HMN)
Horace Mann Educators Max Pain By Strike
HMN trades at $45.2, 100.9% above the near-term max pain of $22.5 expiring Sep 19, 2025 (25 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($22.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Horace Mann Educators Max Pain By Expiry
Max pain for HMN shows a downward trend from 95 to 22.5, indicating bearish sentiment or hedging activity. The 165% spread signals divergent expectations across timeframes. Most levels below 45.2 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 | 22.5 | -22.70 (-50.22%) |
| Oct 17, 2025 | 22.5 | -22.70 (-50.22%) |
| Nov 21, 2025 | 40 | -5.20 (-11.50%) |
| Jan 16, 2026 | 95 | 49.80 (110.18%) |
| Feb 20, 2026 | 40 | -5.20 (-11.50%) |