Equinor ASA (EQNR)
Equinor ASA Max Pain By Strike
EQNR trades at $24.51, pinned near the near-term max pain of $25 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($16-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 3 expirations converge.
Equinor ASA Max Pain By Expiry
Max pain for EQNR shows an upward trend from 16 to 25, suggesting bullish positioning in longer-dated options. The 39% spread signals divergent expectations across timeframes. Levels distributed around 24.51. Strong magnetic level at 25 (3 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 | 25 | 0.49 (2.00%) |
| Sep 19, 2025 | 25 | 0.49 (2.00%) |
| Oct 17, 2025 | 25 | 0.49 (2.00%) |
| Jan 16, 2026 | 23.84 | -0.67 (-2.73%) |
| Apr 17, 2026 | 16 | -8.51 (-34.72%) |
| Jan 15, 2027 | 22.42 | -2.09 (-8.53%) |