HUM max pain

From the closing options book · October 20, 2026 · updated after every close

HUM's max pain for the October 23, 2026 expiration was 410 at the October 20, 2026 close, −4.1% from HUM's 427.38 close. Max pain is the price at which option holders' total intrinsic value at expiry would be smallest.

410
Max pain
Oct 23 expiry
427.38
Close
−4.1% to max pain
0.87
Put/call OI
0.91
Put/call volume

HUM close vs max pain, last 20 sessions

SessionCloseMax painGap
Oct 20427.38410−4.1%
Oct 19414.98410−1.2%
Oct 16413.16410−0.8%
Oct 15432.20400−7.5%
Oct 14427.40400−6.4%
Oct 13420.38400−4.8%
Oct 12433.50395−8.9%
Oct 9431.87390−9.7%
Oct 8387.12395+2.0%
Oct 7396.51392.5−1.0%
Oct 6404.27392.5−2.9%
Oct 5404.07390−3.5%
Oct 2388.36387.5−0.2%
Oct 1379.68385+1.4%
Sep 30381.57385+0.9%
Sep 29386.87385−0.5%
Sep 28389.63385−1.2%
Sep 25397.93385−3.2%
Sep 24380.32385+1.2%
Sep 23374.78385+2.7%

The session before, max pain sat at 410.

Open interest within 45 days stood at 15,105 calls and 13,135 puts, a put/call ratio of 0.87. On the day, 1,355 calls and 1,230 puts traded.

Max pain is a property of the open-interest book, not a forecast: price has no obligation to finish there, and on most days it does not. It is most useful as a reference for where the expiring book is balanced.

These are the October 20, 2026 closing numbers. Members see HUM's map move live all session.

Common questions

What is HUM's max pain?

410 for the October 23, 2026 expiration, from open interest at the October 20, 2026 close.

What is HUM's put/call ratio?

By open interest 0.87; by volume 0.91 on October 20, 2026.

Does HUM close at max pain?

Not reliably. Max pain describes where the expiring options book is balanced; it is a reference level, not a prediction.

Compare: max pain on other tickers

Measured from the closing options book and rebuilt after every close. Nothing on this page is live. Levels are where dealer hedging is concentrated, not targets or forecasts. Not investment advice.