Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Hyatt Hotels options about one week from expiration was $164.89. The chart above shows the exact max pain for each expiration date.

Hyatt Hotels closed above its near-term max pain on 15 of the last 20 trading days. On Nov 4, 2026 it closed at $190.15, 15.3% above max pain of $164.89.

Over the last 20 trading days, near-term max pain for Hyatt Hotels ranged from $159.36 to $170.06. It went from $170.06 on Oct 8, 2026 to $164.89 on Nov 4, 2026. See the H max pain history for a longer view.

Hyatt is an operator of owned (2% of total rooms) and managed and franchised (98%) properties across about 35 upscale luxury brands, which include vacation brands (Apple Leisure Group, Hyatt Ziva, and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft...