HSBC (HSBC)
HSBC Max Pain By Strike
HSBC trades at $64.04, pinned near the near-term max pain of $65 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($42-$65), reflecting growing call interest at higher strikes. Key magnetic zone at 55 where 4 expirations converge.
HSBC Max Pain By Expiry
Max pain for HSBC shows an upward trend from 42 to 65, suggesting bullish positioning in longer-dated options. The 39% spread signals divergent expectations across timeframes. Levels distributed around 64.04. Strong magnetic level at 55 (4 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 | 65 | 0.96 (1.50%) |
| Aug 29, 2025 | 65 | 0.96 (1.50%) |
| Sep 5, 2025 | 64 | -0.04 (-0.06%) |
| Sep 12, 2025 | 64 | -0.04 (-0.06%) |
| Sep 19, 2025 | 60 | -4.04 (-6.31%) |
| Sep 26, 2025 | 64 | -0.04 (-0.06%) |
| Oct 17, 2025 | 65 | 0.96 (1.50%) |
| Dec 19, 2025 | 55 | -9.04 (-14.12%) |
| Jan 16, 2026 | 55 | -9.04 (-14.12%) |
| Mar 20, 2026 | 55 | -9.04 (-14.12%) |
| Jun 18, 2026 | 65 | 0.96 (1.50%) |
| Sep 18, 2026 | 55 | -9.04 (-14.12%) |
| Jan 15, 2027 | 42 | -22.04 (-34.42%) |