Halliburton (HAL)
Halliburton Max Pain By Strike
HAL trades at $22.09, pinned near the near-term max pain of $22 expiring Sep 12, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($19-$28), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 5 expirations converge.
Halliburton Max Pain By Expiry
Max pain for HAL shows a downward trend from 28 to 19, indicating bearish sentiment or hedging activity. The 39% spread signals divergent expectations across timeframes. Levels distributed around 22.09. Strong magnetic level at 23 (5 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 12, 2025 | 22 | -0.09 (-0.43%) |
| Sep 19, 2025 | 22 | -0.09 (-0.43%) |
| Sep 26, 2025 | 21 | -1.09 (-4.96%) |
| Oct 3, 2025 | 22 | -0.09 (-0.43%) |
| Oct 10, 2025 | 22.5 | 0.41 (1.83%) |
| Oct 17, 2025 | 23 | 0.91 (4.10%) |
| Oct 24, 2025 | 19 | -3.09 (-14.01%) |
| Nov 21, 2025 | 21 | -1.09 (-4.96%) |
| Dec 19, 2025 | 24 | 1.91 (8.62%) |
| Jan 16, 2026 | 28 | 5.91 (26.73%) |
| Feb 20, 2026 | 21 | -1.09 (-4.96%) |
| Mar 20, 2026 | 23 | 0.91 (4.10%) |
| Apr 17, 2026 | 24 | 1.91 (8.62%) |
| Jun 18, 2026 | 23 | 0.91 (4.10%) |
| Sep 18, 2026 | 23 | 0.91 (4.10%) |
| Dec 18, 2026 | 25 | 2.91 (13.15%) |
| Jan 15, 2027 | 25 | 2.91 (13.15%) |