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 Hilton Worldwide options about one week from expiration was $352.14. The chart above shows the exact max pain for each expiration date.

Hilton Worldwide closed above its near-term max pain on 19 of the last 20 trading days. On Nov 4, 2026 it closed at $376.54, 6.9% above max pain of $352.14.

Over the last 20 trading days, near-term max pain for Hilton Worldwide ranged from $290.00 to $352.14. It went from $293.57 on Oct 8, 2026 to $352.14 on Nov 4, 2026. See the HLT max pain history for a longer view.

Hilton Worldwide Holdings operates 1.41 million rooms across its 28 brands, serving the premium economy through luxury segments.