Murphy Oil Corporation (MUR)
Murphy Oil Max Pain By Strike
MUR trades at $24.94, 10.8% above the near-term max pain of $22.5 expiring Sep 19, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($22.5-$27.5), reflecting growing call interest at higher strikes. Key magnetic zone at 23 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Murphy Oil Max Pain By Expiry
Max pain for MUR shows an upward trend from 22.5 to 27.5, suggesting bullish positioning in longer-dated options. The 21% spread signals divergent expectations across timeframes. Levels distributed around 24.94. 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 19, 2025 | 22.5 | -2.44 (-9.78%) |
Oct 17, 2025 | 22.5 | -2.44 (-9.78%) |
Nov 21, 2025 | 27.5 | 2.56 (10.26%) |
Jan 16, 2026 | 22.5 | -2.44 (-9.78%) |
Feb 20, 2026 | 25 | 0.06 (0.24%) |
Mar 20, 2026 | 22.5 | -2.44 (-9.78%) |
Apr 17, 2026 | 25 | 0.06 (0.24%) |
May 15, 2026 | 22.5 | -2.44 (-9.78%) |