Hesai Group (HSAI)
Hesai Max Pain By Strike
HSAI trades at $26.64, 18.4% above the near-term max pain of $22.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$25), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Hesai Max Pain By Expiry
Max pain for HSAI shows a downward trend from 25 to 12.5, indicating bearish sentiment or hedging activity. The 63% spread signals divergent expectations across timeframes. Most levels below 26.64 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 | -4.14 (-15.54%) |
| Oct 17, 2025 | 20 | -6.64 (-24.92%) |
| Jan 16, 2026 | 12.5 | -14.14 (-53.08%) |
| Apr 17, 2026 | 25 | -1.64 (-6.16%) |