ConocoPhillips (COP)
ConocoPhillips Max Pain By Strike
COP trades at $95.63, 3.4% above the near-term max pain of $92.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($92.5-$105), indicating stable market expectations. Key magnetic zone at 93 where 6 expirations converge.
ConocoPhillips Max Pain By Expiry
Max pain for COP shows stable levels around 95.47, reflecting balanced market expectations. The 13% spread signals divergent expectations across timeframes. Most levels below 95.63 may cap rallies. Strong magnetic level at 93 (6 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 |
|---|---|---|
| Aug 15, 2025 | 92.5 | -3.13 (-3.27%) |
| Aug 22, 2025 | 93 | -2.63 (-2.75%) |
| Aug 29, 2025 | 95 | -0.63 (-0.66%) |
| Sep 5, 2025 | 93 | -2.63 (-2.75%) |
| Sep 12, 2025 | 94 | -1.63 (-1.70%) |
| Sep 19, 2025 | 92.5 | -3.13 (-3.27%) |
| Sep 26, 2025 | 93 | -2.63 (-2.75%) |
| Oct 17, 2025 | 92.5 | -3.13 (-3.27%) |
| Nov 21, 2025 | 95 | -0.63 (-0.66%) |
| Jan 16, 2026 | 100 | 4.37 (4.57%) |
| Feb 20, 2026 | 95 | -0.63 (-0.66%) |
| Mar 20, 2026 | 95 | -0.63 (-0.66%) |
| Jun 18, 2026 | 97.5 | 1.87 (1.96%) |
| Sep 18, 2026 | 95 | -0.63 (-0.66%) |
| Dec 18, 2026 | 100 | 4.37 (4.57%) |
| Jan 15, 2027 | 95 | -0.63 (-0.66%) |
| Dec 17, 2027 | 105 | 9.37 (9.80%) |