Hershey (HSY)
Hershey Max Pain By Strike
HSY trades at $183.81, 2.1% above the near-term max pain of $180 expiring Sep 5, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($165-$180), indicating stable market expectations. Key magnetic zone at 180 where 6 expirations converge.
Hershey Max Pain By Expiry
Max pain for HSY shows stable levels around 175.71, reflecting balanced market expectations. The 9% spread suggests strong consensus on fair value. Most levels below 183.81 may cap rallies. Strong magnetic level at 180 (6 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 |
|---|---|---|
| Sep 5, 2025 | 180 | -3.81 (-2.07%) |
| Sep 12, 2025 | 180 | -3.81 (-2.07%) |
| Sep 19, 2025 | 175 | -8.81 (-4.79%) |
| Sep 26, 2025 | 175 | -8.81 (-4.79%) |
| Oct 3, 2025 | 180 | -3.81 (-2.07%) |
| Oct 10, 2025 | 180 | -3.81 (-2.07%) |
| Oct 17, 2025 | 180 | -3.81 (-2.07%) |
| Nov 21, 2025 | 180 | -3.81 (-2.07%) |
| Jan 16, 2026 | 175 | -8.81 (-4.79%) |
| Feb 20, 2026 | 165 | -18.81 (-10.23%) |
| Mar 20, 2026 | 170 | -13.81 (-7.51%) |
| Jun 18, 2026 | 175 | -8.81 (-4.79%) |
| Sep 18, 2026 | 170 | -13.81 (-7.51%) |
| Jan 15, 2027 | 175 | -8.81 (-4.79%) |