Hawaiian Electric Industries, Inc. (HE) Max Pain Analysis
Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.
Hawaiian Electric Industries, Inc. (HE) operates in the Utilities sector, specifically the Diversified Utilities industry, with a market capitalization near $2.31B, listed on NYSE, employing roughly 2,587 people, carrying a beta of 0.56 to the broader market. Hawaiian Electric Industries, Inc. Led by Scott W. H. Seu, public since 1964-07-18.
Snapshot as of May 15, 2026.
- Spot Price
- $13.25
- Total OI
- 140.9K
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HE highest open-interest contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $15.00 | Jan 15, 2027 | 22 | 34.5K | 39.0% | $1.15 | $1.40 |
| PUT | $10.00 | Jan 15, 2027 | 0 | 34.2K | 45.6% | $0.35 | $0.50 |
| CALL | $17.50 | Jan 15, 2027 | 0 | 18.9K | 38.1% | $0.55 | $0.75 |
| CALL | $22.50 | Jan 15, 2027 | 10 | 18.7K | 42.8% | $0.15 | $0.40 |
Top 4 contracts from the ORATS-sourced nightly scan; ranked by oi within the broader S&P 500/400/600 + ETF universe.