Hercules Capital Inc. (HTGC)
Hercules Capital Max Pain By Strike
HTGC trades at $19.1, pinned near the near-term max pain of $19 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($18-$45), signaling increased put positioning or downside protection. Key magnetic zone at 19 where 2 expirations converge.
Hercules Capital Max Pain By Expiry
Max pain for HTGC shows a downward trend from 45 to 18, indicating bearish sentiment or hedging activity. The 112% spread signals divergent expectations across timeframes. Levels distributed around 19.1. 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 | 19 | -0.10 (-0.52%) |
| Oct 17, 2025 | 19 | -0.10 (-0.52%) |
| Jan 16, 2026 | 20 | 0.90 (4.71%) |
| Apr 17, 2026 | 18 | -1.10 (-5.76%) |
| Dec 18, 2026 | 45 | 25.90 (135.60%) |