Equinor ASA (EQNR)
Equinor ASA Max Pain By Strike
EQNR trades at $24.29, 2.8% below the near-term max pain of $25 expiring Sep 19, 2025 (10 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($22.42-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 24 where 2 expirations converge.
Equinor ASA Max Pain By Expiry
Max pain for EQNR shows an upward trend from 22.42 to 25, suggesting bullish positioning in longer-dated options. The 11% spread signals divergent expectations across timeframes. Levels distributed around 24.29. 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 | 25 | 0.71 (2.94%) |
| Oct 17, 2025 | 25 | 0.71 (2.94%) |
| Jan 16, 2026 | 23.84 | -0.45 (-1.83%) |
| Apr 17, 2026 | 24 | -0.29 (-1.17%) |
| Jan 15, 2027 | 22.42 | -1.86 (-7.68%) |