VanEck Oil Services ETF (OIH)
VanEck Oil Services ETF Max Pain By Strike
OIH trades at $252.2, 2.9% above the near-term max pain of $245 expiring Sep 19, 2025 (27 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($245-$285), reflecting growing call interest at higher strikes. Key magnetic zone at 245 where 4 expirations converge.
VanEck Oil Services ETF Max Pain By Expiry
Max pain for OIH shows an upward trend from 245 to 285, suggesting bullish positioning in longer-dated options. The 16% spread signals divergent expectations across timeframes. Most levels below 252.2 may cap rallies. Strong magnetic level at 245 (4 expirations). 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 | 245 | -7.20 (-2.85%) |
| Oct 17, 2025 | 245 | -7.20 (-2.85%) |
| Jan 16, 2026 | 285 | 32.80 (13.01%) |
| Apr 17, 2026 | 245 | -7.20 (-2.85%) |
| Jun 18, 2026 | 245 | -7.20 (-2.85%) |
| Jan 15, 2027 | 250 | -2.20 (-0.87%) |