ConocoPhillips (COP)
ConocoPhillips Max Pain By Strike
COP trades at $98.49, 4.8% above the near-term max pain of $94 expiring Oct 3, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($50-$100), reflecting growing call interest at higher strikes. Key magnetic zone at 95 where 4 expirations converge.
ConocoPhillips Max Pain By Expiry
Max pain for COP shows an upward trend from 50 to 100, suggesting bullish positioning in longer-dated options. The 54% spread signals divergent expectations across timeframes. Most levels below 98.49 may cap rallies. Strong magnetic level at 95 (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 |
|---|---|---|
| Oct 3, 2025 | 94 | n/a (n/a) |
| Oct 10, 2025 | 94 | n/a (n/a) |
| Oct 17, 2025 | 97.5 | n/a (n/a) |
| Oct 24, 2025 | 95 | n/a (n/a) |
| Oct 31, 2025 | 94 | n/a (n/a) |
| Nov 7, 2025 | 50 | n/a (n/a) |
| Nov 21, 2025 | 95 | n/a (n/a) |
| Dec 19, 2025 | 92.5 | n/a (n/a) |
| Jan 16, 2026 | 100 | n/a (n/a) |
| Feb 20, 2026 | 92.5 | n/a (n/a) |
| Mar 20, 2026 | 95 | n/a (n/a) |
| Apr 17, 2026 | 90 | n/a (n/a) |
| May 15, 2026 | 100 | n/a (n/a) |
| Jun 18, 2026 | 97.5 | n/a (n/a) |
| Sep 18, 2026 | 92.5 | n/a (n/a) |
| Dec 18, 2026 | 100 | n/a (n/a) |
| Jan 15, 2027 | 95 | n/a (n/a) |
| Dec 17, 2027 | 100 | n/a (n/a) |
| Jan 21, 2028 | 90 | n/a (n/a) |